Evelyn Partners Investment Management Europe Ltd Lowers Stock Position in First Trust Water ETF $FIW

Evelyn Partners Investment Management Europe Ltd lessened its stake in shares of First Trust Water ETF (NYSEARCA:FIW) by 87.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,283 shares of the company’s stock after selling 185,446 shares during the quarter. Evelyn Partners Investment Management Europe Ltd owned 0.15% of First Trust Water ETF worth $2,855,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. O Shaughnessy Asset Management LLC boosted its stake in First Trust Water ETF by 64.9% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 249 shares of the company’s stock worth $27,000 after buying an additional 98 shares during the period. Godfrey Financial Associates Inc. purchased a new position in shares of First Trust Water ETF in the fourth quarter valued at approximately $28,000. Evolution Wealth Management Inc. purchased a new position in shares of First Trust Water ETF in the fourth quarter valued at approximately $32,000. Ameriflex Group Inc. boosted its stake in shares of First Trust Water ETF by 150.0% in the third 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 period. Finally, Simplex Trading LLC purchased a new position in shares of First Trust Water ETF in the fourth quarter valued at approximately $45,000.

First Trust Water ETF Stock Performance

NYSEARCA FIW opened at $105.50 on Friday. The firm has a 50 day simple moving average of $105.00 and a 200-day simple moving average of $108.65. First Trust Water ETF has a one year low of $98.52 and a one year high of $116.30. The firm has a market cap of $1.80 billion, a price-to-earnings ratio of 24.17 and a beta of 1.01.

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.