National Bank of Canada FI Buys 89,643 Shares of First Trust Water ETF (NYSEARCA:FIW)

National Bank of Canada FI raised its position in First Trust Water ETF (NYSEARCA:FIW) by 536.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 106,359 shares of the company’s stock after buying an additional 89,643 shares during the period. National Bank of Canada FI owned about 0.66% of First Trust Water ETF worth $10,005,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James & Associates boosted its holdings in First Trust Water ETF by 1.1% in the third quarter. Raymond James & Associates now owns 91,160 shares of the company’s stock valued at $7,543,000 after acquiring an additional 970 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of First Trust Water ETF by 0.7% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 130,041 shares of the company’s stock worth $10,761,000 after buying an additional 877 shares during the period. Brown Advisory Inc. raised its stake in shares of First Trust Water ETF by 30.5% during the third quarter. Brown Advisory Inc. now owns 3,346 shares of the company’s stock worth $277,000 after buying an additional 782 shares during the last quarter. White Pine Investment CO lifted its holdings in First Trust Water ETF by 1.1% in the third quarter. White Pine Investment CO now owns 46,586 shares of the company’s stock valued at $3,855,000 after buying an additional 524 shares during the period. Finally, Assetmark Inc. bought a new position in First Trust Water ETF in the third quarter valued at approximately $217,000.

First Trust Water ETF Stock Performance

FIW opened at $104.41 on Thursday. The company has a fifty day moving average price of $99.99 and a two-hundred day moving average price of $93.69. The firm has a market capitalization of $1.70 billion, a PE ratio of 33.23 and a beta of 0.99. First Trust Water ETF has a 52 week low of $77.11 and a 52 week high of $104.47.

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.