Commonwealth Equity Services LLC Has $30.46 Million Stock Position in First Trust Water ETF (NYSEARCA:FIW)

Commonwealth Equity Services LLC lifted its holdings in shares of First Trust Water ETF (NYSEARCA:FIW) by 0.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 298,442 shares of the company’s stock after purchasing an additional 1,664 shares during the quarter. Commonwealth Equity Services LLC owned approximately 1.84% of First Trust Water ETF worth $30,456,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Golden State Wealth Management LLC acquired a new position in shares of First Trust Water ETF during the 4th quarter worth $27,000. Strategic Financial Concepts LLC bought a new stake in shares of First Trust Water ETF during the 4th quarter worth $31,000. Investors Research Corp boosted its holdings in shares of First Trust Water ETF by 116.8% during the 4th quarter. Investors Research Corp now owns 399 shares of the company’s stock worth $41,000 after buying an additional 215 shares during the period. SBI Securities Co. Ltd. bought a new stake in shares of First Trust Water ETF during the 4th quarter worth $49,000. Finally, Copley Financial Group Inc. bought a new stake in shares of First Trust Water ETF during the 3rd quarter worth $62,000.

First Trust Water ETF Trading Up 2.2 %

NYSEARCA FIW opened at $101.64 on Friday. The company has a fifty day simple moving average of $103.85 and a 200 day simple moving average of $105.91. The company has a market cap of $1.75 billion, a P/E ratio of 25.44 and a beta of 1.04. First Trust Water ETF has a 1 year low of $96.29 and a 1 year high of $111.64.

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.