Ameritas Advisory Services LLC Increases Stock Holdings in First Trust Water ETF (NYSEARCA:FIW)

Ameritas Advisory Services LLC increased its stake in shares of First Trust Water ETF (NYSEARCA:FIW) by 16.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,276 shares of the company’s stock after acquiring an additional 3,829 shares during the quarter. Ameritas Advisory Services LLC owned about 0.17% of First Trust Water ETF worth $2,727,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in FIW. Global Assets Advisory LLC purchased a new position in First Trust Water ETF during the 1st quarter worth approximately $26,891,000. National Bank of Canada FI raised its position in First Trust Water ETF by 536.3% in the 4th quarter. National Bank of Canada FI now owns 106,359 shares of the company’s stock valued at $10,005,000 after purchasing an additional 89,643 shares during the last quarter. Stifel Financial Corp grew its position in First Trust Water ETF by 71.8% during the 4th quarter. Stifel Financial Corp now owns 170,239 shares of the company’s stock worth $16,139,000 after purchasing an additional 71,131 shares during the last quarter. Cetera Advisors LLC increased its stake in First Trust Water ETF by 556.1% in the first quarter. Cetera Advisors LLC now owns 78,101 shares of the company’s stock valued at $7,974,000 after purchasing an additional 66,197 shares during the period. Finally, Wells Fargo & Company MN raised its holdings in shares of First Trust Water ETF by 15.8% in the fourth quarter. Wells Fargo & Company MN now owns 466,293 shares of the company’s stock valued at $44,204,000 after buying an additional 63,528 shares during the last quarter.

First Trust Water ETF Trading Up 0.4 %

Shares of First Trust Water ETF stock traded up $0.45 during trading hours on Thursday, hitting $106.89. 64,682 shares of the company were exchanged, compared to its average volume of 40,703. The business has a 50-day moving average of $103.39 and a 200-day moving average of $101.60. First Trust Water ETF has a 1 year low of $77.11 and a 1 year high of $108.69. The stock has a market capitalization of $1.74 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99.

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.