Trinity Legacy Partners LLC Raises Stock Position in First Trust Water ETF (NYSEARCA:FIW)

Trinity Legacy Partners LLC grew its stake in First Trust Water ETF (NYSEARCA:FIW) by 11.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,711 shares of the company’s stock after purchasing an additional 696 shares during the quarter. Trinity Legacy Partners LLC’s holdings in First Trust Water ETF were worth $735,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rothschild Investment LLC purchased a new position in shares of First Trust Water ETF in the 2nd quarter valued at approximately $30,000. Values First Advisors Inc. purchased a new position in First Trust Water ETF during the third quarter valued at $52,000. Larson Financial Group LLC lifted its position in First Trust Water ETF by 597.1% during the second quarter. Larson Financial Group LLC now owns 1,185 shares of the company’s stock valued at $119,000 after buying an additional 1,015 shares during the period. Financial Perspectives Inc boosted its holdings in shares of First Trust Water ETF by 21.2% during the 2nd quarter. Financial Perspectives Inc now owns 1,374 shares of the company’s stock valued at $137,000 after buying an additional 240 shares in the last quarter. Finally, Tempus Wealth Planning LLC purchased a new stake in shares of First Trust Water ETF in the 3rd quarter worth about $203,000.

First Trust Water ETF Price Performance

Shares of First Trust Water ETF stock opened at $110.18 on Friday. First Trust Water ETF has a 1 year low of $81.32 and a 1 year high of $111.64. The firm has a market cap of $1.79 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99. The company has a 50-day moving average of $107.09 and a 200 day moving average of $104.46.

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.