Royal Bank of Canada Has $17.77 Million Position in First Trust Water ETF $FIW

Royal Bank of Canada cut its holdings in First Trust Water ETF (NYSEARCA:FIW) by 8.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 172,338 shares of the company’s stock after selling 15,771 shares during the period. Royal Bank of Canada owned 1.01% of First Trust Water ETF worth $17,773,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in FIW. O Shaughnessy Asset Management LLC grew its holdings in 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 buying an additional 98 shares during the last quarter. Godfrey Financial Associates Inc. bought a new position in First Trust Water ETF in the 4th quarter worth approximately $28,000. Evolution Wealth Management Inc. acquired a new position in shares of First Trust Water ETF during the fourth quarter worth approximately $32,000. Assetmark Inc. lifted its holdings in shares of First Trust Water ETF by 88.0% during the first quarter. Assetmark Inc. now owns 344 shares of the company’s stock worth $35,000 after buying an additional 161 shares during the last quarter. Finally, Simplex Trading LLC acquired a new position in shares of First Trust Water ETF during the fourth quarter worth approximately $45,000.

First Trust Water ETF Trading Down 0.4%

FIW opened at $112.72 on Friday. The business has a 50 day moving average of $107.36 and a 200-day moving average of $107.81. The stock has a market capitalization of $1.93 billion, a price-to-earnings ratio of 24.17 and a beta of 0.99. First Trust Water ETF has a 1-year low of $98.52 and a 1-year high of $116.30.

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.