White Pine Investment CO Has $5.21 Million Stock Holdings in First Trust Water ETF (NYSEARCA:FIW)

White Pine Investment CO lessened its holdings in First Trust Water ETF (NYSEARCA:FIW) by 0.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,672 shares of the company’s stock after selling 163 shares during the quarter. White Pine Investment CO owned 0.29% of First Trust Water ETF worth $5,212,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Financial Advocates Investment Management lifted its holdings in shares of First Trust Water ETF by 44.3% during the third quarter. Financial Advocates Investment Management now owns 4,909 shares of the company’s stock valued at $537,000 after acquiring an additional 1,506 shares during the period. Strategic Blueprint LLC increased its stake in shares of First Trust Water ETF by 3.5% in the 3rd quarter. Strategic Blueprint LLC now owns 23,938 shares of the company’s stock valued at $2,617,000 after buying an additional 809 shares during the period. J.W. Cole Advisors Inc. bought a new position in First Trust Water ETF in the third quarter valued at approximately $204,000. PFG Investments LLC lifted its position in First Trust Water ETF by 3.7% in the 3rd quarter. PFG Investments LLC now owns 5,323 shares of the company’s stock valued at $582,000 after acquiring an additional 191 shares in the last quarter. Finally, Outlook Wealth Advisors LLC boosted its stake in First Trust Water ETF by 5.5% in the 3rd quarter. Outlook Wealth Advisors LLC now owns 12,564 shares of the company’s stock worth $1,374,000 after purchasing an additional 659 shares during the period.

First Trust Water ETF Stock Performance

Shares of First Trust Water ETF stock opened at $105.92 on Friday. First Trust Water ETF has a 52-week low of $79.66 and a 52-week high of $110.50. The business’s 50 day simple moving average is $106.91 and its 200 day simple moving average is $104.17. The firm has a market cap of $1.72 billion, a PE ratio of 33.23 and a beta of 0.99.

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.