Fmr LLC Increases Position in First Trust Water ETF (NYSEARCA:FIW)

Fmr LLC increased its stake in shares of First Trust Water ETF (NYSEARCA:FIW) by 12.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,489 shares of the company’s stock after buying an additional 487 shares during the period. Fmr LLC’s holdings in First Trust Water ETF were worth $491,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC raised its stake in shares of First Trust Water ETF by 9.5% during the 2nd quarter. LPL Financial LLC now owns 694,618 shares of the company’s stock worth $69,448,000 after buying an additional 59,991 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of First Trust Water ETF by 3.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 312,016 shares of the company’s stock worth $31,195,000 after purchasing an additional 9,250 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of First Trust Water ETF by 1.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 186,040 shares of the company’s stock worth $18,600,000 after purchasing an additional 1,803 shares during the last quarter. SRS Capital Advisors Inc. grew its holdings in First Trust Water ETF by 29.6% during the 3rd quarter. SRS Capital Advisors Inc. now owns 168,604 shares of the company’s stock valued at $18,433,000 after buying an additional 38,490 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its holdings in First Trust Water ETF by 68.8% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 140,524 shares of the company’s stock valued at $14,050,000 after buying an additional 57,253 shares during the last quarter.

First Trust Water ETF Stock Down 3.6 %

Shares of NYSEARCA:FIW opened at $102.47 on Thursday. The company has a market capitalization of $1.67 billion, a P/E ratio of 33.23 and a beta of 0.99. The stock’s fifty day simple moving average is $108.36 and its 200-day simple moving average is $105.56. First Trust Water ETF has a 52-week low of $90.63 and a 52-week high of $111.64.

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.