First Trust Water ETF (NYSEARCA:FIW) Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC lowered its holdings in First Trust Water ETF (NYSEARCA:FIW) by 2.4% in the third quarter, Holdings Channel.com reports. The fund owned 15,922 shares of the company’s stock after selling 396 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in First Trust Water ETF were worth $1,741,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in FIW. Cetera Advisors LLC raised its stake in shares of First Trust Water ETF by 556.1% during the 1st quarter. Cetera Advisors LLC now owns 78,101 shares of the company’s stock worth $7,974,000 after buying an additional 66,197 shares during the last quarter. LPL Financial LLC raised its stake in shares of First Trust Water ETF by 9.5% during the 2nd quarter. LPL Financial LLC now owns 694,618 shares of the company’s stock worth $69,448,000 after buying an additional 59,991 shares during the last quarter. D.A. Davidson & CO. raised its stake in shares of First Trust Water ETF by 340.5% during the 2nd quarter. D.A. Davidson & CO. now owns 74,711 shares of the company’s stock worth $7,470,000 after buying an additional 57,749 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in shares of First Trust Water ETF by 68.8% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 140,524 shares of the company’s stock worth $14,050,000 after buying an additional 57,253 shares during the last quarter. Finally, Ameritas Advisory Services LLC raised its stake in shares of First Trust Water ETF by 164.7% during the 3rd quarter. Ameritas Advisory Services LLC now owns 72,186 shares of the company’s stock worth $7,892,000 after buying an additional 44,910 shares during the last quarter.

First Trust Water ETF Stock Up 0.1 %

NYSEARCA:FIW opened at $109.32 on Thursday. The company has a market capitalization of $1.78 billion, a PE ratio of 33.23 and a beta of 0.99. First Trust Water ETF has a 52-week low of $83.92 and a 52-week high of $111.64. The stock has a fifty day simple moving average of $107.26 and a 200-day simple moving average of $104.74.

First Trust Water ETF Company 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.