Paragon Private Wealth Management LLC Reduces Holdings in First Trust Water ETF (NYSEARCA:FIW)

Paragon Private Wealth Management LLC lowered its holdings in shares of First Trust Water ETF (NYSEARCA:FIW) by 5.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,436 shares of the company’s stock after selling 179 shares during the period. Paragon Private Wealth Management LLC’s holdings in First Trust Water ETF were worth $351,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of FIW. Golden State Wealth Management LLC acquired a new stake in First Trust Water ETF during the 4th quarter worth $27,000. Strategic Financial Concepts LLC acquired a new stake in First Trust Water ETF during the 4th quarter worth $31,000. SBI Securities Co. Ltd. acquired a new stake in First Trust Water ETF during the 4th quarter worth $49,000. Copley Financial Group Inc. acquired a new stake in First Trust Water ETF during the 3rd quarter worth $62,000. Finally, Kestra Investment Management LLC acquired a new stake in First Trust Water ETF during the 4th quarter worth $80,000.

First Trust Water ETF Stock Performance

FIW stock opened at $103.29 on Tuesday. First Trust Water ETF has a one year low of $96.29 and a one year high of $111.64. The stock has a market capitalization of $1.78 billion, a PE ratio of 25.44 and a beta of 1.04. The company has a fifty day moving average of $103.94 and a 200-day moving average of $106.07.

About First Trust Water ETF

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.