Wedbush Securities Inc. Raises Stake in First Trust Water ETF (NYSEARCA:FIW)

Wedbush Securities Inc. increased its position in First Trust Water ETF (NYSEARCA:FIWGet Rating) by 4.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,180 shares of the company’s stock after acquiring an additional 123 shares during the quarter. Wedbush Securities Inc.’s holdings in First Trust Water ETF were worth $252,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. EWG Elevate Inc. purchased a new position in shares of First Trust Water ETF in the fourth quarter worth $27,000. Glassy Mountain Advisors Inc. purchased a new stake in First Trust Water ETF in the fourth quarter worth approximately $31,000. GPS Wealth Strategies Group LLC boosted its stake in shares of First Trust Water ETF by 72.5% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 440 shares of the company’s stock worth $32,000 after buying an additional 185 shares during the last quarter. McElhenny Sheffield Capital Management LLC purchased a new position in First Trust Water ETF in the fourth quarter worth about $50,000. Finally, Allworth Financial LP grew its position in First Trust Water ETF by 113.1% during the third quarter. Allworth Financial LP now owns 974 shares of the company’s stock valued at $70,000 after buying an additional 517 shares during the period.

First Trust Water ETF Stock Performance

Shares of First Trust Water ETF stock opened at $81.98 on Wednesday. The stock’s fifty day moving average is $82.52 and its 200 day moving average is $81.02. The stock has a market cap of $1.27 billion, a P/E ratio of 26.36 and a beta of 1.01. First Trust Water ETF has a one year low of $67.47 and a one year high of $86.99.

About First Trust Water ETF

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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.

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Institutional Ownership by Quarter for First Trust Water ETF (NYSEARCA:FIW)

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