ARQ Wealth Advisors LLC Invests $257,000 in First Trust Water ETF (NYSEARCA:FIW)

ARQ Wealth Advisors LLC bought a new position in shares of First Trust Water ETF (NYSEARCA:FIW) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,707 shares of the company’s stock, valued at approximately $257,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Provence Wealth Management Group acquired a new position in First Trust Water ETF in the 3rd quarter valued at about $28,000. AdvisorNet Financial Inc increased its position in First Trust Water ETF by 98.3% in the 4th quarter. AdvisorNet Financial Inc now owns 1,134 shares of the company’s stock valued at $108,000 after acquiring an additional 562 shares during the period. Partnership Wealth Management LLC acquired a new position in First Trust Water ETF in the 4th quarter valued at about $155,000. Private Trust Co. NA increased its position in First Trust Water ETF by 13.7% in the 4th quarter. Private Trust Co. NA now owns 2,079 shares of the company’s stock valued at $197,000 after acquiring an additional 250 shares during the period. Finally, Accel Wealth Management acquired a new position in First Trust Water ETF in the 4th quarter valued at about $208,000.

First Trust Water ETF Stock Down 1.1 %

FIW stock traded down $1.13 during trading on Friday, hitting $100.67. The company had a trading volume of 27,204 shares, compared to its average volume of 41,194. The firm has a market cap of $1.64 billion, a PE ratio of 33.23 and a beta of 0.99. First Trust Water ETF has a 1-year low of $77.11 and a 1-year high of $107.24. The firm has a 50-day moving average price of $101.97 and a 200-day moving average price of $97.64.

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.