Cetera Advisors LLC Has $7.97 Million Position in First Trust Water ETF (NYSEARCA:FIW)

Cetera Advisors LLC raised its stake in shares of First Trust Water ETF (NYSEARCA:FIW) by 556.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 78,101 shares of the company’s stock after purchasing an additional 66,197 shares during the period. Cetera Advisors LLC’s holdings in First Trust Water ETF were worth $7,974,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. ICA Group Wealth Management LLC acquired a new position in First Trust Water ETF in the 4th quarter valued at $27,000. SOA Wealth Advisors LLC. bought a new stake in First Trust Water ETF during the 1st quarter valued at approximately $36,000. AdvisorNet Financial Inc grew its holdings in First Trust Water ETF by 98.3% in the 4th quarter. AdvisorNet Financial Inc now owns 1,134 shares of the company’s stock valued at $108,000 after buying an additional 562 shares during the last quarter. Accordant Advisory Group Inc bought a new position in First Trust Water ETF in the 1st quarter worth approximately $144,000. Finally, Partnership Wealth Management LLC acquired a new position in shares of First Trust Water ETF during the fourth quarter worth approximately $155,000.

First Trust Water ETF Trading Down 1.7 %

FIW opened at $105.05 on Friday. First Trust Water ETF has a 1-year low of $77.11 and a 1-year high of $108.69. The business has a 50 day moving average of $102.18 and a 200-day moving average of $100.09. The stock has a market capitalization of $1.71 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.