D.A. Davidson & CO. Lowers Position in First Trust Water ETF (NYSEARCA:FIW)

D.A. Davidson & CO. trimmed its position in shares of First Trust Water ETF (NYSEARCA:FIW) by 0.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 74,099 shares of the company’s stock after selling 612 shares during the quarter. D.A. Davidson & CO. owned approximately 0.46% of First Trust Water ETF worth $8,101,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in FIW. LPL Financial LLC lifted its position in First Trust Water ETF by 9.5% during the 2nd quarter. LPL Financial LLC now owns 694,618 shares of the company’s stock valued at $69,448,000 after acquiring an additional 59,991 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of First Trust Water ETF by 3.1% during the second quarter. Commonwealth Equity Services LLC now owns 312,016 shares of the company’s stock valued at $31,195,000 after purchasing an additional 9,250 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of First Trust Water ETF by 1.0% during the second quarter. Envestnet Asset Management Inc. now owns 186,040 shares of the company’s stock valued at $18,600,000 after purchasing an additional 1,803 shares during the last quarter. SRS Capital Advisors Inc. boosted its position in shares of First Trust Water ETF by 29.6% in the 3rd quarter. SRS Capital Advisors Inc. now owns 168,604 shares of the company’s stock worth $18,433,000 after purchasing an additional 38,490 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its stake in shares of First Trust Water ETF by 68.8% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 140,524 shares of the company’s stock worth $14,050,000 after buying an additional 57,253 shares during the last quarter.

First Trust Water ETF Trading Down 0.8 %

NYSEARCA FIW opened at $109.82 on Wednesday. The stock’s fifty day moving average price is $108.11 and its 200-day moving average price is $105.14. The stock has a market cap of $1.78 billion, a P/E ratio of 33.23 and a beta of 0.99. First Trust Water ETF has a 12 month low of $86.71 and a 12 month high of $111.64.

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.