First Trust Water ETF (NYSEARCA:FIW) Stake Increased by Arkansas Financial Group Inc.

Arkansas Financial Group Inc. increased its holdings in shares of First Trust Water ETF (NYSEARCA:FIW) by 48.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 27,777 shares of the company’s stock after purchasing an additional 9,031 shares during the quarter. Arkansas Financial Group Inc.’s holdings in First Trust Water ETF were worth $2,835,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of FIW. Ameritas Advisory Services LLC grew its stake in First Trust Water ETF by 164.7% during the 3rd quarter. Ameritas Advisory Services LLC now owns 72,186 shares of the company’s stock valued at $7,892,000 after acquiring an additional 44,910 shares in the last quarter. SRS Capital Advisors Inc. increased its stake in First Trust Water ETF by 29.6% in 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 during the period. Benjamin Edwards Inc. purchased a new stake in First Trust Water ETF in the 3rd quarter worth approximately $4,063,000. Strategy Asset Managers LLC purchased a new position in shares of First Trust Water ETF during the 3rd quarter valued at $2,730,000. Finally, Janney Montgomery Scott LLC increased its stake in shares of First Trust Water ETF by 88.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 30,114 shares of the company’s stock worth $3,073,000 after acquiring an additional 14,162 shares during the last quarter.

First Trust Water ETF Trading Down 0.1 %

FIW opened at $105.99 on Friday. First Trust Water ETF has a 1 year low of $91.29 and a 1 year high of $111.64. The stock has a fifty day moving average price of $105.78 and a 200 day moving average price of $105.98. The stock has a market cap of $1.72 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.