First Trust Water ETF (NYSEARCA:FIW) Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC lowered its position in shares of First Trust Water ETF (NYSEARCA:FIW) by 4.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 24,365 shares of the company’s stock after selling 1,051 shares during the period. HighTower Advisors LLC owned about 0.15% of First Trust Water ETF worth $2,665,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in FIW. Rothschild Investment LLC acquired a new position in First Trust Water ETF in the second quarter valued at $30,000. Strategic Financial Concepts LLC acquired a new position in First Trust Water ETF in the 2nd quarter valued at about $32,000. Values First Advisors Inc. purchased a new stake in First Trust Water ETF during the 3rd quarter valued at approximately $52,000. Larson Financial Group LLC lifted its position in First Trust Water ETF by 597.1% during the 2nd quarter. Larson Financial Group LLC now owns 1,185 shares of the company’s stock worth $119,000 after acquiring an additional 1,015 shares during the period. Finally, Financial Perspectives Inc grew its stake in shares of First Trust Water ETF by 21.2% in the 2nd quarter. Financial Perspectives Inc now owns 1,374 shares of the company’s stock valued at $137,000 after purchasing an additional 240 shares during the last quarter.

First Trust Water ETF Trading Down 0.7 %

NYSEARCA:FIW opened at $107.35 on Friday. First Trust Water ETF has a 12-month low of $90.63 and a 12-month high of $111.64. The stock’s 50 day simple moving average is $108.52 and its 200-day simple moving average is $105.46. The firm has a market cap of $1.74 billion, a P/E 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.