Allworth Financial LP Boosts Stock Holdings in First Trust Water ETF (NYSEARCA:FIW)

Allworth Financial LP raised its holdings in First Trust Water ETF (NYSEARCA:FIW) by 48.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,139 shares of the company’s stock after purchasing an additional 373 shares during the period. Allworth Financial LP’s holdings in First Trust Water ETF were worth $121,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of FIW. Creative Planning boosted its position in shares of First Trust Water ETF by 2.6% in the third quarter. Creative Planning now owns 5,781 shares of the company’s stock valued at $632,000 after acquiring an additional 149 shares during the period. PFG Investments LLC lifted its holdings in shares of First Trust Water ETF by 3.7% in the 3rd quarter. PFG Investments LLC now owns 5,323 shares of the company’s stock worth $582,000 after acquiring an additional 191 shares during the last quarter. J.W. Cole Advisors Inc. purchased a new position in shares of First Trust Water ETF in the third quarter worth $204,000. Strategic Blueprint LLC increased its stake in shares of First Trust Water ETF by 3.5% in the third quarter. Strategic Blueprint LLC now owns 23,938 shares of the company’s stock worth $2,617,000 after buying an additional 809 shares during the period. Finally, Financial Advocates Investment Management increased its stake in shares of First Trust Water ETF by 44.3% in the third quarter. Financial Advocates Investment Management now owns 4,909 shares of the company’s stock worth $537,000 after buying an additional 1,506 shares during the period.

First Trust Water ETF Stock Down 1.2 %

Shares of NYSEARCA FIW opened at $103.05 on Monday. First Trust Water ETF has a 52 week low of $96.10 and a 52 week high of $111.64. The firm’s fifty day moving average is $103.96 and its 200 day moving average is $106.14. The company has a market cap of $1.67 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99.

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.