Pacific Sun Financial Corp Grows Stake in First Trust Water ETF (NYSEARCA:FIW)

Pacific Sun Financial Corp raised its stake in First Trust Water ETF (NYSEARCA:FIW) by 9.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,485 shares of the company’s stock after purchasing an additional 208 shares during the quarter. Pacific Sun Financial Corp’s holdings in First Trust Water ETF were worth $254,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. SRS Capital Advisors Inc. raised its position in First Trust Water ETF by 29.6% in the third quarter. SRS Capital Advisors Inc. now owns 168,604 shares of the company’s stock valued at $18,433,000 after purchasing an additional 38,490 shares during the period. Truist Financial Corp increased its position in shares of First Trust Water ETF by 8.4% during the fourth quarter. Truist Financial Corp now owns 105,799 shares of the company’s stock worth $10,797,000 after acquiring an additional 8,240 shares during the last quarter. Ameritas Advisory Services LLC increased its position in shares of First Trust Water ETF by 28.2% during the fourth quarter. Ameritas Advisory Services LLC now owns 92,560 shares of the company’s stock worth $9,446,000 after acquiring an additional 20,374 shares during the last quarter. Kestra Private Wealth Services LLC increased its position in shares of First Trust Water ETF by 8.5% during the fourth quarter. Kestra Private Wealth Services LLC now owns 66,723 shares of the company’s stock worth $6,809,000 after acquiring an additional 5,205 shares during the last quarter. Finally, Private Advisor Group LLC increased its position in shares of First Trust Water ETF by 1.3% during the fourth quarter. Private Advisor Group LLC now owns 66,473 shares of the company’s stock worth $6,784,000 after acquiring an additional 855 shares during the last quarter.

First Trust Water ETF Stock Performance

Shares of NYSEARCA FIW opened at $104.86 on Thursday. First Trust Water ETF has a 1 year low of $95.74 and a 1 year high of $111.64. The firm has a market cap of $1.70 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99. The stock’s 50-day simple moving average is $104.13 and its 200-day simple moving average is $106.12.

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.