First Trust Water ETF (NYSEARCA:FIW) Shares Purchased by Garden State Investment Advisory Services LLC

Garden State Investment Advisory Services LLC raised its position in First Trust Water ETF (NYSEARCA:FIW) by 9.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,590 shares of the company’s stock after acquiring an additional 395 shares during the quarter. Garden State Investment Advisory Services LLC’s holdings in First Trust Water ETF were worth $459,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. ICA Group Wealth Management LLC purchased a new stake in shares of First Trust Water ETF during the fourth quarter worth about $27,000. Rothschild Investment LLC acquired a new stake in First Trust Water ETF during the 2nd quarter valued at approximately $30,000. Strategic Financial Concepts LLC purchased a new stake in First Trust Water ETF during the 2nd quarter worth approximately $32,000. SOA Wealth Advisors LLC. acquired a new position in shares of First Trust Water ETF in the 1st quarter valued at approximately $36,000. Finally, Larson Financial Group LLC boosted its stake in shares of 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 valued at $119,000 after buying an additional 1,015 shares during the last quarter.

First Trust Water ETF Trading Down 1.1 %

Shares of NYSEARCA:FIW opened at $107.54 on Friday. The firm has a market cap of $1.75 billion, a PE ratio of 33.23 and a beta of 0.99. The company has a fifty day simple moving average of $105.12 and a 200 day simple moving average of $102.52. First Trust Water ETF has a 12-month low of $77.11 and a 12-month high of $108.79.

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.