Kesler Norman & Wride LLC Increases Position in First Trust Water ETF $FIW

Kesler Norman & Wride LLC increased its position in First Trust Water ETF (NYSEARCA:FIW) by 196.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,051 shares of the company’s stock after acquiring an additional 9,306 shares during the period. Kesler Norman & Wride LLC owned approximately 0.08% of First Trust Water ETF worth $1,579,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Investors Research Corp increased its holdings in shares of First Trust Water ETF by 19.9% in the second quarter. Investors Research Corp now owns 705 shares of the company’s stock valued at $76,000 after purchasing an additional 117 shares during the period. Allworth Financial LP lifted its holdings in shares of First Trust Water ETF by 35.1% during the second quarter. Allworth Financial LP now owns 1,539 shares of the company’s stock worth $166,000 after purchasing an additional 400 shares during the period. Fifth Third Bancorp boosted its position in First Trust Water ETF by 451.0% in the second quarter. Fifth Third Bancorp now owns 1,576 shares of the company’s stock valued at $170,000 after buying an additional 1,290 shares during the last quarter. TD Waterhouse Canada Inc. boosted its position in First Trust Water ETF by 14.2% in the second quarter. TD Waterhouse Canada Inc. now owns 1,605 shares of the company’s stock valued at $176,000 after buying an additional 200 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in First Trust Water ETF by 186.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,617 shares of the company’s stock worth $182,000 after buying an additional 1,053 shares during the period.

First Trust Water ETF Trading Up 1.1%

Shares of NYSEARCA FIW opened at $113.75 on Friday. The company has a 50 day simple moving average of $110.64 and a two-hundred day simple moving average of $111.33. The stock has a market cap of $1.97 billion, a price-to-earnings ratio of 24.17 and a beta of 1.05. First Trust Water ETF has a 12 month low of $89.31 and a 12 month high of $116.16.

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. The Index is rebalanced on a semi-annual basis. The Fund will normally invest at least 90% of its assets in common stocks that comprise the Index.