M Holdings Securities Inc. Buys 897 Shares of First Trust Water ETF (NYSEARCA:FIW)

M Holdings Securities Inc. raised its stake in shares of First Trust Water ETF (NYSEARCA:FIW) by 3.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,796 shares of the company’s stock after purchasing an additional 897 shares during the quarter. M Holdings Securities Inc. owned approximately 0.15% of First Trust Water ETF worth $2,711,000 at the end of the most recent reporting period.

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

First Trust Water ETF Price Performance

Shares of First Trust Water ETF stock opened at $109.48 on Friday. First Trust Water ETF has a 1 year low of $86.71 and a 1 year high of $111.64. The company has a 50-day moving average of $107.96 and a 200 day moving average of $105.06. The firm has a market cap of $1.78 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99.

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.