Corrado Advisors LLC Acquires 103 Shares of First Trust Water ETF (NYSEARCA:FIW)

Corrado Advisors LLC lifted its holdings in First Trust Water ETF (NYSEARCA:FIW) by 0.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,869 shares of the company’s stock after acquiring an additional 103 shares during the period. Corrado Advisors LLC owned 0.07% of First Trust Water ETF worth $1,211,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in FIW. Golden State Wealth Management LLC bought a new position in shares of First Trust Water ETF in the 4th quarter valued at about $27,000. Strategic Financial Concepts LLC bought a new position in shares of First Trust Water ETF in the 4th quarter valued at about $31,000. Copley Financial Group Inc. bought a new stake in First Trust Water ETF in the third quarter worth about $62,000. Kestra Investment Management LLC bought a new stake in First Trust Water ETF in the fourth quarter worth about $80,000. Finally, Empowered Funds LLC bought a new stake in First Trust Water ETF in the fourth quarter worth about $93,000.

First Trust Water ETF Price Performance

Shares of NYSEARCA FIW opened at $104.37 on Thursday. The company has a market cap of $1.70 billion, a P/E ratio of 33.23 and a beta of 0.99. First Trust Water ETF has a 1 year low of $96.29 and a 1 year high of $111.64. The firm has a 50-day simple moving average of $103.88 and a two-hundred day simple moving average of $106.16.

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.