Sigma Planning Corp Raises Position in First Trust Water ETF (NYSEARCA:FIW)

Sigma Planning Corp lifted its stake in First Trust Water ETF (NYSEARCA:FIW) by 6.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,052 shares of the company’s stock after buying an additional 2,564 shares during the period. Sigma Planning Corp owned approximately 0.25% of First Trust Water ETF worth $4,189,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of FIW. Ameritas Advisory Services LLC boosted its position in shares of First Trust Water ETF by 164.7% in the third quarter. Ameritas Advisory Services LLC now owns 72,186 shares of the company’s stock worth $7,892,000 after buying an additional 44,910 shares during the period. SRS Capital Advisors Inc. boosted its position in shares of First Trust Water ETF by 29.6% in the third quarter. SRS Capital Advisors Inc. now owns 168,604 shares of the company’s stock worth $18,433,000 after buying an additional 38,490 shares during the period. Benjamin Edwards Inc. purchased a new stake in shares of First Trust Water ETF in the third quarter worth about $4,063,000. Strategic Financial Concepts LLC purchased a new stake in shares of First Trust Water ETF in the fourth quarter worth about $31,000. Finally, Strategy Asset Managers LLC purchased a new stake in shares of First Trust Water ETF in the third quarter worth about $2,730,000.

First Trust Water ETF Price Performance

Shares of NYSEARCA FIW opened at $103.05 on Friday. First Trust Water ETF has a 1-year low of $96.10 and a 1-year high of $111.64. The business has a 50-day moving average of $103.96 and a 200-day moving average of $106.12. 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 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.