First Trust Water ETF (NYSEARCA:FIW) Stock Position Boosted by Moors & Cabot Inc.

Moors & Cabot Inc. boosted its stake in First Trust Water ETF (NYSEARCA:FIW) by 4.0% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 17,390 shares of the company’s stock after acquiring an additional 667 shares during the quarter. Moors & Cabot Inc.’s holdings in First Trust Water ETF were worth $1,739,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ausdal Financial Partners Inc. lifted its holdings in First Trust Water ETF by 1.3% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 8,366 shares of the company’s stock valued at $836,000 after acquiring an additional 107 shares during the last quarter. Benjamin F. Edwards & Company Inc. lifted its holdings in First Trust Water ETF by 0.3% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 37,424 shares of the company’s stock valued at $3,821,000 after acquiring an additional 129 shares during the last quarter. Tradition Wealth Management LLC lifted its holdings in First Trust Water ETF by 3.9% in the 4th quarter. Tradition Wealth Management LLC now owns 3,993 shares of the company’s stock valued at $379,000 after acquiring an additional 151 shares during the last quarter. Financial Enhancement Group LLC lifted its holdings in First Trust Water ETF by 1.0% in the 1st quarter. Financial Enhancement Group LLC now owns 16,409 shares of the company’s stock valued at $1,614,000 after acquiring an additional 155 shares during the last quarter. Finally, CWM LLC lifted its stake in First Trust Water ETF by 1.8% during the second quarter. CWM LLC now owns 8,929 shares of the company’s stock valued at $893,000 after buying an additional 160 shares in the last quarter.

First Trust Water ETF Trading Up 0.6 %

FIW stock opened at $106.92 on Wednesday. First Trust Water ETF has a one year low of $77.11 and a one year high of $108.69. The firm has a market capitalization of $1.74 billion, a PE ratio of 33.23 and a beta of 0.99. The firm has a 50-day moving average of $104.75 and a two-hundred day moving average of $102.38.

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.