Assetmark Inc. Has $1.44 Million Stock Position in First Trust Water ETF (NYSEARCA:FIW)

Assetmark Inc. boosted its holdings in shares of First Trust Water ETF (NYSEARCA:FIW) by 23.8% during the third quarter, Holdings Channel.com reports. The institutional investor owned 13,206 shares of the company’s stock after acquiring an additional 2,541 shares during the quarter. Assetmark Inc.’s holdings in First Trust Water ETF were worth $1,444,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. &PARTNERS bought a new stake in shares of First Trust Water ETF during the second quarter worth approximately $270,000. CreativeOne Wealth LLC bought a new stake in First Trust Water ETF in the 1st quarter valued at $332,000. Sanctuary Advisors LLC acquired a new position in First Trust Water ETF in the 2nd quarter valued at $1,181,000. Western Wealth Management LLC increased its position in First Trust Water ETF by 6.1% during the 2nd quarter. Western Wealth Management LLC now owns 7,579 shares of the company’s stock worth $758,000 after buying an additional 437 shares during the period. Finally, Cetera Advisors LLC increased its position in First Trust Water ETF by 556.1% during the 1st quarter. Cetera Advisors LLC now owns 78,101 shares of the company’s stock worth $7,974,000 after buying an additional 66,197 shares during the period.

First Trust Water ETF Stock Performance

Shares of First Trust Water ETF stock opened at $107.51 on Friday. The firm has a 50-day moving average of $107.36 and a 200-day moving average of $104.77. First Trust Water ETF has a 52-week low of $85.68 and a 52-week high of $111.64. The stock has a market cap of $1.75 billion, a PE ratio of 33.23 and a beta of 0.99.

About First Trust Water ETF

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.