First Trust Water ETF (NYSEARCA:FIW) Position Reduced by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC reduced its stake in shares of First Trust Water ETF (NYSEARCA:FIW) by 13.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 5,897 shares of the company’s stock after selling 903 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in First Trust Water ETF were worth $559,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Walkner Condon Financial Advisors LLC increased its holdings in shares of First Trust Water ETF by 3.7% in the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 4,501 shares of the company’s stock valued at $373,000 after acquiring an additional 161 shares during the last quarter. U.S. Capital Wealth Advisors LLC raised its holdings in shares of First Trust Water ETF by 3.0% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 11,050 shares of the company’s stock worth $914,000 after purchasing an additional 320 shares during the period. Arthur M. Cohen & Associates LLC raised its holdings in shares of First Trust Water ETF by 6.9% during the third quarter. Arthur M. Cohen & Associates LLC now owns 20,019 shares of the company’s stock worth $1,657,000 after purchasing an additional 1,300 shares during the period. Commonwealth Equity Services LLC lifted its position in shares of First Trust Water ETF by 2.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 273,544 shares of the company’s stock worth $22,636,000 after buying an additional 6,123 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in shares of First Trust Water ETF by 2.5% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 84,987 shares of the company’s stock valued at $7,033,000 after buying an additional 2,110 shares during the period.

First Trust Water ETF Stock Up 0.2 %

Shares of NYSEARCA:FIW opened at $99.91 on Friday. The company has a market cap of $1.61 billion, a PE ratio of 31.25 and a beta of 0.97. First Trust Water ETF has a fifty-two week low of $77.11 and a fifty-two week high of $102.55. The firm has a 50-day simple moving average of $99.20 and a 200 day simple moving average of $92.56.

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.