Bryn Mawr Capital Management LLC Cuts Stock Position in First Trust Water ETF (NYSEARCA:FIW)

Bryn Mawr Capital Management LLC cut its stake in shares of First Trust Water ETF (NYSEARCA:FIW) by 13.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,897 shares of the company’s stock after selling 903 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in First Trust Water ETF were worth $559,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FIW. Sfmg LLC increased its position in First Trust Water ETF by 0.6% during the 4th quarter. Sfmg LLC now owns 17,268 shares of the company’s stock worth $1,637,000 after purchasing an additional 111 shares during the period. Ausdal Financial Partners Inc. grew its holdings in First Trust Water ETF by 1.7% during the fourth quarter. Ausdal Financial Partners Inc. now owns 8,142 shares of the company’s stock worth $772,000 after acquiring an additional 133 shares during the period. Corrado Advisors LLC raised its position in First Trust Water ETF by 1.2% in the fourth quarter. Corrado Advisors LLC now owns 11,282 shares of the company’s stock worth $1,070,000 after acquiring an additional 138 shares in the last quarter. White Pine Investment CO lifted its holdings in First Trust Water ETF by 0.3% in the fourth quarter. White Pine Investment CO now owns 46,733 shares of the company’s stock valued at $4,430,000 after acquiring an additional 147 shares during the period. Finally, Leelyn Smith LLC lifted its holdings in First Trust Water ETF by 2.5% in the third quarter. Leelyn Smith LLC now owns 6,204 shares of the company’s stock valued at $513,000 after acquiring an additional 150 shares during the period.

First Trust Water ETF Stock Up 0.2 %

Shares of FIW opened at $99.91 on Friday. First Trust Water ETF has a 52-week low of $77.11 and a 52-week high of $102.55. The company has a 50-day simple moving average of $99.20 and a 200-day simple moving average of $92.56. The company has a market capitalization of $1.61 billion, a PE ratio of 31.25 and a beta of 0.97.

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.