Strategic Financial Concepts LLC Acquires Shares of 30,615 First Trust Water ETF (NYSEARCA:FIW)

Strategic Financial Concepts LLC acquired a new stake in First Trust Water ETF (NYSEARCA:FIW) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 30,615 shares of the company’s stock, valued at approximately $31,000. Strategic Financial Concepts LLC owned approximately 0.19% of First Trust Water ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Values First Advisors Inc. purchased a new position in First Trust Water ETF in the 3rd quarter valued at $52,000. Copley Financial Group Inc. acquired a new stake in shares of First Trust Water ETF in the 3rd quarter worth $62,000. Heck Capital Advisors LLC acquired a new stake in shares of First Trust Water ETF in the 4th quarter worth $112,000. TD Private Client Wealth LLC increased its stake in shares of First Trust Water ETF by 6.3% in the 3rd quarter. TD Private Client Wealth LLC now owns 1,680 shares of the company’s stock worth $184,000 after acquiring an additional 99 shares during the last quarter. Finally, Tempus Wealth Planning LLC acquired a new stake in shares of First Trust Water ETF in the 3rd quarter worth $203,000.

First Trust Water ETF Stock Down 1.4 %

Shares of FIW opened at $104.01 on Thursday. First Trust Water ETF has a 52-week low of $93.70 and a 52-week high of $111.64. The company has a market capitalization of $1.69 billion, a PE ratio of 33.23 and a beta of 0.99. The stock has a fifty day simple moving average of $104.77 and a two-hundred day simple moving average of $106.21.

First Trust Water ETF Profile

First Trust ISE Water Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the ISE Water Index (the Index). The Index is a modified market capitalization-weighted index consisting of 36 stocks that derive a substantial portion of their revenues from the potable and wastewater industries.