TFB Advisors LLC Makes New $217,000 Investment in First Trust Water ETF (NYSEARCA:FIW)

TFB Advisors LLC bought a new stake in First Trust Water ETF (NYSEARCA:FIW) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,988 shares of the company’s stock, valued at approximately $217,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FIW. Trinity Legacy Partners LLC boosted its position in shares of First Trust Water ETF by 11.6% in the third quarter. Trinity Legacy Partners LLC now owns 6,711 shares of the company’s stock worth $735,000 after acquiring an additional 696 shares during the last quarter. Ameritas Advisory Services LLC boosted its holdings in shares of First Trust Water ETF by 164.7% in the 3rd quarter. Ameritas Advisory Services LLC now owns 72,186 shares of the company’s stock valued at $7,892,000 after purchasing an additional 44,910 shares during the last quarter. Financial Advocates Investment Management grew its stake in shares of First Trust Water ETF by 44.3% during the 3rd quarter. Financial Advocates Investment Management now owns 4,909 shares of the company’s stock valued at $537,000 after buying an additional 1,506 shares during the period. Strategic Blueprint LLC increased its holdings in shares of First Trust Water ETF by 3.5% during the 3rd quarter. Strategic Blueprint LLC now owns 23,938 shares of the company’s stock worth $2,617,000 after buying an additional 809 shares during the last quarter. Finally, J.W. Cole Advisors Inc. purchased a new position in shares of First Trust Water ETF in the 3rd quarter worth $204,000.

First Trust Water ETF Trading Down 0.6 %

Shares of First Trust Water ETF stock opened at $109.51 on Friday. The business’s fifty day moving average price is $107.13 and its 200 day moving average price is $104.53. First Trust Water ETF has a twelve month low of $81.32 and a twelve month high of $111.64. The stock has a market capitalization of $1.78 billion, a P/E 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.