StoneX Group Inc. Purchases 11,253 Shares of First Trust Water ETF $FIW

StoneX Group Inc. acquired a new position in shares of First Trust Water ETF (NYSEARCA:FIW) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 11,253 shares of the company’s stock, valued at approximately $1,175,000. StoneX Group Inc. owned 0.07% of First Trust Water ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Assetmark Inc. grew its position in shares of First Trust Water ETF by 88.0% in the first quarter. Assetmark Inc. now owns 344 shares of the company’s stock valued at $35,000 after purchasing an additional 161 shares during the period. Balance Wealth Partners LLC acquired a new position in shares of First Trust Water ETF during the 3rd quarter worth about $36,000. CX Institutional purchased a new position in First Trust Water ETF in the 2nd quarter valued at about $37,000. Compass Financial Management LLC purchased a new position in First Trust Water ETF in the 2nd quarter valued at about $43,000. Finally, Continuum Advisory LLC purchased a new position in First Trust Water ETF in the 2nd quarter valued at about $106,000.

First Trust Water ETF Trading Up 3.1%

FIW stock opened at $118.63 on Tuesday. First Trust Water ETF has a 12-month low of $98.52 and a 12-month high of $119.42. The stock has a market cap of $1.93 billion, a price-to-earnings ratio of 24.17 and a beta of 0.97. The business’s 50-day moving average is $107.95 and its 200 day moving average is $108.06.

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. 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.