First Trust Water ETF $FIW Stock Sold by RFG Bristol Wealth Advisors LLC

RFG Bristol Wealth Advisors LLC lowered its position in shares of First Trust Water ETF (NYSEARCA:FIW) by 72.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,576 shares of the company’s stock after selling 14,553 shares during the period. RFG Bristol Wealth Advisors LLC’s holdings in First Trust Water ETF were worth $579,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of FIW. First Heartland Consultants Inc. purchased a new stake in First Trust Water ETF during the 3rd quarter worth about $421,000. Waverly Advisors LLC increased its holdings in shares of First Trust Water ETF by 7.2% in the 2nd quarter. Waverly Advisors LLC now owns 28,814 shares of the company’s stock valued at $3,156,000 after acquiring an additional 1,941 shares during the last quarter. Carlson Financial Inc. increased its holdings in shares of First Trust Water ETF by 21.4% in the 2nd quarter. Carlson Financial Inc. now owns 2,576 shares of the company’s stock valued at $282,000 after acquiring an additional 454 shares during the last quarter. Ameritas Advisory Services LLC raised its position in shares of First Trust Water ETF by 42.4% during the 2nd quarter. Ameritas Advisory Services LLC now owns 157,875 shares of the company’s stock worth $17,290,000 after acquiring an additional 47,042 shares in the last quarter. Finally, Compass Financial Management LLC acquired a new stake in shares of First Trust Water ETF during the 2nd quarter worth about $43,000.

First Trust Water ETF Trading Up 0.5%

FIW stock traded up $0.53 during trading on Friday, hitting $105.09. 35,827 shares of the company’s stock were exchanged, compared to its average volume of 55,780. The business has a 50-day moving average price of $108.28 and a two-hundred day moving average price of $106.68. The stock has a market capitalization of $1.72 billion, a price-to-earnings ratio of 24.17 and a beta of 0.99. First Trust Water ETF has a 52-week low of $98.52 and a 52-week high of $116.30.

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. The Index is rebalanced on a semi-annual basis. The Fund will normally invest at least 90% of its assets in common stocks that comprise the Index.