SOA Wealth Advisors LLC. Acquires Shares of 356 First Trust Water ETF (NYSEARCA:FIW)

SOA Wealth Advisors LLC. bought a new position in shares of First Trust Water ETF (NYSEARCA:FIW) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 356 shares of the company’s stock, valued at approximately $36,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Florin Court Capital LLP increased its holdings in shares of First Trust Water ETF by 16.5% in the 4th quarter. Florin Court Capital LLP now owns 30,300 shares of the company’s stock valued at $2,872,000 after acquiring an additional 4,300 shares during the period. Cutter & CO Brokerage Inc. grew its stake in First Trust Water ETF by 2.4% during the 4th quarter. Cutter & CO Brokerage Inc. now owns 13,208 shares of the company’s stock worth $1,252,000 after buying an additional 312 shares during the last quarter. Raab & Moskowitz Asset Management LLC grew its stake in First Trust Water ETF by 0.8% during the 4th quarter. Raab & Moskowitz Asset Management LLC now owns 33,256 shares of the company’s stock worth $3,153,000 after buying an additional 270 shares during the last quarter. Brown Advisory Inc. grew its stake in First Trust Water ETF by 9.6% during the 4th quarter. Brown Advisory Inc. now owns 3,666 shares of the company’s stock worth $348,000 after buying an additional 320 shares during the last quarter. Finally, Wells Fargo & Company MN grew its stake in First Trust Water ETF by 15.8% during the 4th quarter. Wells Fargo & Company MN now owns 466,293 shares of the company’s stock worth $44,204,000 after buying an additional 63,528 shares during the last quarter.

First Trust Water ETF Price Performance

Shares of FIW stock opened at $101.02 on Friday. First Trust Water ETF has a 1-year low of $77.11 and a 1-year high of $107.24. The stock’s fifty day moving average price is $102.11 and its 200 day moving average price is $98.02. The company has a market cap of $1.64 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99.

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.