FreeGulliver LLC Purchases 723 Shares of First Trust Water ETF (NYSEARCA:FIW)

FreeGulliver LLC increased its position in shares of First Trust Water ETF (NYSEARCA:FIW) by 10.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 7,567 shares of the company’s stock after buying an additional 723 shares during the period. FreeGulliver LLC’s holdings in First Trust Water ETF were worth $772,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Commonwealth Equity Services LLC increased its position in shares of First Trust Water ETF by 0.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 298,442 shares of the company’s stock valued at $30,456,000 after purchasing an additional 1,664 shares during the period. Raymond James Financial Inc. bought a new stake in First Trust Water ETF in the fourth quarter valued at $18,988,000. SRS Capital Advisors Inc. grew its position in First Trust Water ETF by 2.4% in the fourth quarter. SRS Capital Advisors Inc. now owns 172,605 shares of the company’s stock valued at $17,614,000 after acquiring an additional 4,001 shares during the period. Truist Financial Corp grew its position in First Trust Water ETF by 8.4% in the fourth quarter. Truist Financial Corp now owns 105,799 shares of the company’s stock valued at $10,797,000 after acquiring an additional 8,240 shares during the period. Finally, Ameritas Advisory Services LLC grew its position in First Trust Water ETF by 28.2% in the fourth quarter. Ameritas Advisory Services LLC now owns 92,560 shares of the company’s stock valued at $9,446,000 after acquiring an additional 20,374 shares during the period.

First Trust Water ETF Price Performance

Shares of NYSEARCA:FIW opened at $102.01 on Wednesday. The business’s fifty day moving average price is $103.87 and its two-hundred day moving average price is $105.83. First Trust Water ETF has a fifty-two week low of $96.29 and a fifty-two week high of $111.64. The stock has a market capitalization of $1.75 billion, a price-to-earnings ratio of 25.44 and a beta of 1.04.

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.