Stonebridge Financial Planning Group LLC Sells 1,068 Shares of First Trust Water ETF (NYSEARCA:FIW)

Stonebridge Financial Planning Group LLC trimmed its position in First Trust Water ETF (NYSEARCA:FIW) by 5.5% in the third quarter, Holdings Channel.com reports. The firm owned 18,180 shares of the company’s stock after selling 1,068 shares during the period. Stonebridge Financial Planning Group LLC’s holdings in First Trust Water ETF were worth $1,988,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Cetera Advisors LLC boosted its holdings in shares of First Trust Water ETF by 556.1% during the first quarter. Cetera Advisors LLC now owns 78,101 shares of the company’s stock worth $7,974,000 after acquiring an additional 66,197 shares during the period. LPL Financial LLC raised its stake in First Trust Water ETF by 9.5% during the second quarter. LPL Financial LLC now owns 694,618 shares of the company’s stock worth $69,448,000 after acquiring an additional 59,991 shares in the last quarter. D.A. Davidson & CO. grew its holdings in shares of First Trust Water ETF by 340.5% during the 2nd quarter. D.A. Davidson & CO. now owns 74,711 shares of the company’s stock valued at $7,470,000 after purchasing an additional 57,749 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its position in First Trust Water ETF by 68.8% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 140,524 shares of the company’s stock worth $14,050,000 after purchasing an additional 57,253 shares in the last quarter. Finally, Ameritas Advisory Services LLC raised its position in First Trust Water ETF by 164.7% in the third quarter. Ameritas Advisory Services LLC now owns 72,186 shares of the company’s stock valued at $7,892,000 after purchasing an additional 44,910 shares during the last quarter.

First Trust Water ETF Trading Down 0.3 %

NYSEARCA:FIW traded down $0.36 on Wednesday, reaching $106.85. 28,043 shares of the stock traded hands, compared to its average volume of 39,564. The company’s 50 day moving average is $107.71 and its 200-day moving average is $104.98. First Trust Water ETF has a 1-year low of $85.68 and a 1-year high of $111.64. The firm has a market capitalization of $1.74 billion, a price-to-earnings 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.