Creative Planning Purchases 574 Shares of First Trust Water ETF (NYSEARCA:FIW)

Creative Planning lifted its position in shares of First Trust Water ETF (NYSEARCA:FIW) by 11.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,632 shares of the company’s stock after acquiring an additional 574 shares during the period. Creative Planning’s holdings in First Trust Water ETF were worth $563,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Rothschild Investment LLC bought a new stake in First Trust Water ETF in the 2nd quarter worth approximately $30,000. Strategic Financial Concepts LLC purchased a new position in shares of First Trust Water ETF during the 2nd quarter valued at $32,000. SOA Wealth Advisors LLC. purchased a new position in shares of First Trust Water ETF during the 1st quarter valued at $36,000. Larson Financial Group LLC lifted 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 in the last quarter. Finally, Financial Perspectives Inc lifted its stake in shares of First Trust Water ETF by 21.2% during the 2nd quarter. Financial Perspectives Inc now owns 1,374 shares of the company’s stock valued at $137,000 after buying an additional 240 shares in the last quarter.

First Trust Water ETF Stock Performance

FIW opened at $109.48 on Tuesday. First Trust Water ETF has a fifty-two week low of $77.11 and a fifty-two week high of $109.90. The firm’s fifty day moving average is $106.11 and its 200 day moving average is $103.49. The stock has a market cap of $1.78 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99.

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.