Kesler Norman & Wride LLC Reduces Stock Holdings in First Trust Water ETF $FIW

Kesler Norman & Wride LLC trimmed its holdings in shares of First Trust Water ETF (NYSEARCA:FIW) by 67.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,605 shares of the company’s stock after selling 9,446 shares during the quarter. Kesler Norman & Wride LLC’s holdings in First Trust Water ETF were worth $500,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Godfrey Financial Associates Inc. purchased a new stake in First Trust Water ETF during the 4th quarter valued at about $28,000. Ameriflex Group Inc. grew its stake in First Trust Water ETF by 150.0% during the 3rd quarter. Ameriflex Group Inc. now owns 340 shares of the company’s stock valued at $38,000 after purchasing an additional 204 shares during the last quarter. Newbridge Financial Services Group Inc. grew its stake in First Trust Water ETF by 3,635.7% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 523 shares of the company’s stock valued at $57,000 after purchasing an additional 509 shares during the last quarter. Blueline Advisors LLC purchased a new stake in First Trust Water ETF during the 4th quarter valued at about $62,000. Finally, Basepoint Wealth LLC purchased a new stake in First Trust Water ETF during the 4th quarter valued at about $66,000.

First Trust Water ETF Stock Performance

First Trust Water ETF stock opened at $104.34 on Thursday. The business’s 50-day simple moving average is $104.73 and its two-hundred day simple moving average is $108.84. The company has a market cap of $1.78 billion, a PE ratio of 24.17 and a beta of 1.03. First Trust Water ETF has a fifty-two week low of $98.52 and a fifty-two week high of $116.30.

First Trust Water ETF 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.