Shares of First Trust Water ETF (NYSEARCA:FIW – Get Free Report) reached a new 52-week low during trading on Friday . The company traded as low as $100.74 and last traded at $101.08, with a volume of 12081 shares trading hands. The stock had previously closed at $101.76.
First Trust Water ETF Stock Down 1.0%
The stock has a market capitalization of $1.72 billion, a price-to-earnings ratio of 24.17 and a beta of 1.03. The business’s 50 day simple moving average is $105.69 and its 200-day simple moving average is $109.80.
Institutional Trading of First Trust Water ETF
Several large investors have recently bought and sold shares of the business. O Shaughnessy Asset Management LLC boosted its stake in shares of First Trust Water ETF by 64.9% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 249 shares of the company’s stock valued at $27,000 after purchasing an additional 98 shares in the last quarter. Godfrey Financial Associates Inc. bought a new stake in shares of First Trust Water ETF during the fourth quarter worth $28,000. Evolution Wealth Management Inc. bought a new stake in shares of First Trust Water ETF during the fourth quarter worth $32,000. Cullen Frost Bankers Inc. acquired a new position in shares of First Trust Water ETF during the third quarter worth $35,000. Finally, Ameriflex Group Inc. lifted its stake in shares of First Trust Water ETF by 150.0% in the 3rd quarter. Ameriflex Group Inc. now owns 340 shares of the company’s stock valued at $38,000 after acquiring an additional 204 shares during the last quarter.
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.
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