Trinity Legacy Partners LLC Raises Holdings in First Trust Water ETF (NYSEARCA:FIW)

Trinity Legacy Partners LLC raised its position in First Trust Water ETF (NYSEARCA:FIW) by 7.3% during the second quarter, HoldingsChannel reports. The firm owned 6,015 shares of the company’s stock after purchasing an additional 408 shares during the period. Trinity Legacy Partners LLC’s holdings in First Trust Water ETF were worth $601,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. ICA Group Wealth Management LLC acquired a new stake in shares of First Trust Water ETF in the fourth quarter valued at about $27,000. Rothschild Investment LLC acquired a new stake in First Trust Water ETF in the 2nd quarter valued at about $30,000. Strategic Financial Concepts LLC acquired a new stake in First Trust Water ETF in the 2nd quarter valued at about $32,000. SOA Wealth Advisors LLC. purchased a new position in First Trust Water ETF in the 1st quarter worth approximately $36,000. Finally, Larson Financial Group LLC boosted its holdings 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 worth $119,000 after purchasing an additional 1,015 shares during the last quarter.

First Trust Water ETF Price Performance

FIW stock opened at $108.10 on Wednesday. First Trust Water ETF has a 1 year low of $77.11 and a 1 year high of $108.79. The firm has a market capitalization of $1.76 billion, a PE ratio of 33.23 and a beta of 0.99. The business has a 50 day simple moving average of $105.26 and a 200-day simple moving average of $102.70.

First Trust Water ETF Company 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.