Benjamin Edwards Inc. Invests $4.06 Million in First Trust Water ETF (NYSEARCA:FIW)

Benjamin Edwards Inc. acquired a new stake in First Trust Water ETF (NYSEARCA:FIW) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 37,150 shares of the company’s stock, valued at approximately $4,063,000. Benjamin Edwards Inc. owned 0.23% of First Trust Water ETF as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. &PARTNERS bought a new position in shares of First Trust Water ETF during the second quarter worth about $270,000. Sanctuary Advisors LLC bought a new position in First Trust Water ETF during the 2nd quarter worth approximately $1,181,000. Western Wealth Management LLC lifted its position in shares of First Trust Water ETF by 6.1% in the 2nd quarter. Western Wealth Management LLC now owns 7,579 shares of the company’s stock worth $758,000 after purchasing an additional 437 shares during the period. Clear Creek Financial Management LLC increased its position in shares of First Trust Water ETF by 4.5% during the second quarter. Clear Creek Financial Management LLC now owns 9,669 shares of the company’s stock worth $967,000 after buying an additional 412 shares during the period. Finally, Strategic Financial Concepts LLC bought a new position in First Trust Water ETF during the second quarter worth $32,000.

First Trust Water ETF Price Performance

Shares of NYSEARCA:FIW opened at $110.60 on Wednesday. First Trust Water ETF has a 1 year low of $89.08 and a 1 year high of $111.64. The business’s 50-day moving average is $108.35 and its 200-day moving average is $105.28. The company has a market capitalization of $1.80 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.