Nations Financial Group Inc. IA ADV Has $621,000 Position in First Trust Water ETF (NYSEARCA:FIW)

Nations Financial Group Inc. IA ADV raised its position in First Trust Water ETF (NYSEARCA:FIW) by 49.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,677 shares of the company’s stock after purchasing an additional 1,887 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in First Trust Water ETF were worth $621,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of FIW. LPL Financial LLC raised its position in shares of 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 purchasing an additional 59,991 shares during the period. Commonwealth Equity Services LLC lifted its stake in First Trust Water ETF by 3.1% in the second quarter. Commonwealth Equity Services LLC now owns 312,016 shares of the company’s stock valued at $31,195,000 after buying an additional 9,250 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of First Trust Water ETF by 1.0% in the second quarter. Envestnet Asset Management Inc. now owns 186,040 shares of the company’s stock valued at $18,600,000 after buying an additional 1,803 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in shares of First Trust Water ETF by 68.8% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 140,524 shares of the company’s stock worth $14,050,000 after acquiring an additional 57,253 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of First Trust Water ETF by 2.7% during the second quarter. Cetera Investment Advisers now owns 113,138 shares of the company’s stock worth $11,312,000 after acquiring an additional 3,015 shares during the period.

First Trust Water ETF Trading Up 0.1 %

FIW opened at $109.32 on Thursday. The firm’s fifty day simple moving average is $107.26 and its 200 day simple moving average is $104.74. The stock has a market capitalization 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 $83.92 and a 12 month high of $111.64.

First Trust Water ETF 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.