Sfmg LLC Buys 111 Shares of First Trust Water ETF (NYSEARCA:FIW)

Sfmg LLC lifted its stake in shares of First Trust Water ETF (NYSEARCA:FIW) by 0.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,268 shares of the company’s stock after acquiring an additional 111 shares during the period. Sfmg LLC’s holdings in First Trust Water ETF were worth $1,637,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in FIW. International Assets Investment Management LLC bought a new stake in shares of First Trust Water ETF during the fourth quarter worth $69,109,000. 1832 Asset Management L.P. bought a new position in First Trust Water ETF in the first quarter valued at $18,435,000. MinichMacGregor Wealth Management LLC bought a new position in First Trust Water ETF in the third quarter valued at $7,211,000. LPL Financial LLC grew its position in First Trust Water ETF by 9.0% in the third quarter. LPL Financial LLC now owns 627,373 shares of the company’s stock valued at $51,915,000 after purchasing an additional 51,616 shares in the last quarter. Finally, Royal Bank of Canada grew its position in First Trust Water ETF by 23.6% in the second quarter. Royal Bank of Canada now owns 224,855 shares of the company’s stock valued at $19,914,000 after purchasing an additional 42,869 shares in the last quarter.

First Trust Water ETF Stock Performance

First Trust Water ETF stock traded down $0.83 during mid-day trading on Wednesday, reaching $96.67. The company’s stock had a trading volume of 19,909 shares, compared to its average volume of 40,506. The company has a market capitalization of $1.55 billion, a price-to-earnings ratio of 28.67 and a beta of 1.01. First Trust Water ETF has a 12 month low of $77.11 and a 12 month high of $102.55. The business’s 50 day simple moving average is $98.75 and its 200 day simple moving average is $91.69.

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.