Sigma Planning Corp Has $4.19 Million Stake in First Trust Water ETF (NYSEARCA:FIW)

Sigma Planning Corp boosted its holdings in shares of First Trust Water ETF (NYSEARCA:FIW) by 6.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 41,052 shares of the company’s stock after buying an additional 2,564 shares during the period. Sigma Planning Corp’s holdings in First Trust Water ETF were worth $4,189,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of FIW. Creative Planning increased its position in First Trust Water ETF by 2.6% during the third quarter. Creative Planning now owns 5,781 shares of the company’s stock worth $632,000 after buying an additional 149 shares during the last quarter. Values First Advisors Inc. acquired a new position in First Trust Water ETF during the third quarter worth $52,000. Outlook Wealth Advisors LLC increased its position in First Trust Water ETF by 5.5% during the third quarter. Outlook Wealth Advisors LLC now owns 12,564 shares of the company’s stock worth $1,374,000 after buying an additional 659 shares during the last quarter. PFG Investments LLC increased its position in First Trust Water ETF by 3.7% during the third quarter. PFG Investments LLC now owns 5,323 shares of the company’s stock worth $582,000 after buying an additional 191 shares during the last quarter. Finally, J.W. Cole Advisors Inc. acquired a new position in First Trust Water ETF during the third quarter worth $204,000.

First Trust Water ETF Price Performance

First Trust Water ETF stock opened at $103.05 on Friday. The company has a market capitalization of $1.67 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99. First Trust Water ETF has a one year low of $96.10 and a one year high of $111.64. The company’s fifty day moving average price is $103.96 and its two-hundred day moving average price is $106.12.

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.