Ameritas Advisory Services LLC Has $7.89 Million Stock Position in First Trust Water ETF (NYSEARCA:FIW)

Ameritas Advisory Services LLC grew its holdings in shares of First Trust Water ETF (NYSEARCA:FIW) by 164.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,186 shares of the company’s stock after buying an additional 44,910 shares during the quarter. Ameritas Advisory Services LLC owned approximately 0.44% of First Trust Water ETF worth $7,892,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FIW. Rothschild Investment LLC acquired a new position in shares of First Trust Water ETF during the 2nd quarter worth approximately $30,000. Strategic Financial Concepts LLC bought a new position in shares of First Trust Water ETF during the second quarter valued at $32,000. Values First Advisors Inc. bought a new position in First Trust Water ETF during the third quarter worth $52,000. Larson Financial Group LLC raised its stake in First Trust Water ETF by 597.1% during the second quarter. Larson Financial Group LLC now owns 1,185 shares of the company’s stock worth $119,000 after buying an additional 1,015 shares during the last quarter. Finally, Financial Perspectives Inc raised its stake in First Trust Water ETF by 21.2% during the second quarter. Financial Perspectives Inc now owns 1,374 shares of the company’s stock worth $137,000 after buying an additional 240 shares during the last quarter.

First Trust Water ETF Stock Up 0.3 %

NYSEARCA:FIW traded up $0.34 during trading hours on Tuesday, reaching $106.83. The company had a trading volume of 4,919 shares, compared to its average volume of 39,262. The firm has a market cap of $1.74 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99. The business’s 50-day simple moving average is $106.90 and its two-hundred day simple moving average is $104.29. First Trust Water ETF has a twelve month low of $81.32 and a twelve month high of $110.50.

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.