Cutter & CO Brokerage Inc. Increases Stock Holdings in First Trust Water ETF (NYSEARCA:FIW)

Cutter & CO Brokerage Inc. boosted its position in First Trust Water ETF (NYSEARCA:FIW) by 2.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,208 shares of the company’s stock after purchasing an additional 312 shares during the period. Cutter & CO Brokerage Inc.’s holdings in First Trust Water ETF were worth $1,252,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brown Advisory Inc. lifted its position in shares of First Trust Water ETF by 30.5% during the 3rd quarter. Brown Advisory Inc. now owns 3,346 shares of the company’s stock valued at $277,000 after buying an additional 782 shares in the last quarter. Bryn Mawr Capital Management LLC purchased a new position in shares of First Trust Water ETF during the 3rd quarter valued at about $563,000. Kestra Advisory Services LLC lifted its position in shares of First Trust Water ETF by 12.6% during the 3rd quarter. Kestra Advisory Services LLC now owns 66,771 shares of the company’s stock valued at $5,525,000 after buying an additional 7,476 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of First Trust Water ETF by 4.4% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 135,724 shares of the company’s stock valued at $12,866,000 after buying an additional 5,683 shares in the last quarter. Finally, Raymond James & Associates lifted its position in shares of First Trust Water ETF by 4.6% during the 4th quarter. Raymond James & Associates now owns 95,369 shares of the company’s stock valued at $9,041,000 after buying an additional 4,209 shares in the last quarter.

First Trust Water ETF Price Performance

Shares of FIW stock traded up $1.90 during trading hours on Tuesday, reaching $100.15. 32,946 shares of the company traded hands, compared to its average volume of 40,430. First Trust Water ETF has a 12-month low of $77.11 and a 12-month high of $102.55. The company has a market cap of $1.62 billion, a P/E ratio of 31.25 and a beta of 0.97. The firm has a 50-day moving average price of $98.89 and a 200 day moving average price of $92.15.

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.