Oppenheimer & Co. Inc. Lowers Holdings in First Trust Water ETF (NYSEARCA:FIW)

Oppenheimer & Co. Inc. reduced its position in shares of First Trust Water ETF (NYSEARCA:FIW) by 14.4% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 58,707 shares of the company’s stock after selling 9,857 shares during the quarter. Oppenheimer & Co. Inc. owned 0.36% of First Trust Water ETF worth $6,418,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Kingsview Wealth Management LLC raised its stake in shares of First Trust Water ETF by 9.9% in the first quarter. Kingsview Wealth Management LLC now owns 4,670 shares of the company’s stock worth $477,000 after purchasing an additional 420 shares during the last quarter. CreativeOne Wealth LLC purchased a new position in First Trust Water ETF in the 1st quarter worth about $332,000. Waverly Advisors LLC bought a new position in First Trust Water ETF during the 1st quarter valued at about $2,580,000. B. Riley Wealth Advisors Inc. boosted its holdings in shares of First Trust Water ETF by 8.2% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 11,020 shares of the company’s stock valued at $1,125,000 after acquiring an additional 832 shares during the last quarter. Finally, Comerica Bank grew its stake in shares of First Trust Water ETF by 1.1% in the first quarter. Comerica Bank now owns 19,811 shares of the company’s stock worth $2,023,000 after acquiring an additional 225 shares during the period.

First Trust Water ETF Stock Down 1.7 %

Shares of First Trust Water ETF stock opened at $107.51 on Friday. First Trust Water ETF has a twelve month low of $85.68 and a twelve month high of $111.64. The company’s 50 day moving average is $107.36 and its 200 day moving average is $104.77. The company has a market cap of $1.75 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.