Proactive Wealth Strategies LLC Acquires Shares of 2,143 First Trust Water ETF (NYSEARCA:FIW)

Proactive Wealth Strategies LLC bought a new position in shares of First Trust Water ETF (NYSEARCA:FIW) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,143 shares of the company’s stock, valued at approximately $234,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Kingsview Wealth Management LLC raised its holdings in shares of First Trust Water ETF by 9.9% in the 1st quarter. Kingsview Wealth Management LLC now owns 4,670 shares of the company’s stock valued at $477,000 after purchasing an additional 420 shares in the last quarter. CreativeOne Wealth LLC bought a new position in shares of First Trust Water ETF in the 1st quarter worth $332,000. Waverly Advisors LLC bought a new stake in First Trust Water ETF during the first quarter valued at about $2,580,000. B. Riley Wealth Advisors Inc. raised its holdings in First Trust Water ETF by 8.2% in the first quarter. B. Riley Wealth Advisors Inc. now owns 11,020 shares of the company’s stock worth $1,125,000 after purchasing an additional 832 shares in the last quarter. Finally, Comerica Bank lifted its position in shares of First Trust Water ETF by 1.1% during the first quarter. Comerica Bank now owns 19,811 shares of the company’s stock valued at $2,023,000 after buying an additional 225 shares during the last quarter.

First Trust Water ETF Stock Down 0.9 %

NYSEARCA:FIW opened at $109.22 on Wednesday. The firm has a 50 day moving average of $107.18 and a 200 day moving average of $104.67. First Trust Water ETF has a 52 week low of $82.22 and a 52 week high of $111.64. The stock has a market capitalization of $1.77 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99.

First Trust Water ETF Company Profile

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.