SBI Securities Co. Ltd. Takes Position in First Trust Water ETF (NYSEARCA:FIW)

SBI Securities Co. Ltd. purchased a new position in shares of First Trust Water ETF (NYSEARCA:FIW) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 485 shares of the company’s stock, valued at approximately $49,000.

Several other institutional investors have also recently made changes to their positions in the business. Golden State Wealth Management LLC purchased a new stake in shares of First Trust Water ETF during the fourth quarter worth about $27,000. Copley Financial Group Inc. acquired a new stake in First Trust Water ETF during the 3rd quarter worth $62,000. Kestra Investment Management LLC purchased a new stake in shares of First Trust Water ETF during the fourth quarter worth $80,000. Empowered Funds LLC acquired a new stake in shares of First Trust Water ETF in the fourth quarter valued at about $93,000. Finally, Heck Capital Advisors LLC purchased a new position in shares of First Trust Water ETF in the fourth quarter worth about $112,000.

First Trust Water ETF Price Performance

FIW opened at $103.29 on Tuesday. The company’s 50 day simple moving average is $103.94 and its two-hundred day simple moving average is $106.07. The firm has a market capitalization of $1.78 billion, a price-to-earnings ratio of 25.44 and a beta of 1.04. First Trust Water ETF has a 1-year low of $96.29 and a 1-year high of $111.64.

About First Trust Water ETF

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.