LexAurum Advisors LLC Increases Stock Position in First Trust Water ETF (NYSEARCA:FIW)

LexAurum Advisors LLC raised its position in First Trust Water ETF (NYSEARCA:FIW) by 12.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 37,100 shares of the company’s stock after purchasing an additional 4,167 shares during the period. LexAurum Advisors LLC’s holdings in First Trust Water ETF were worth $3,786,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. JPMorgan Chase & Co. grew its stake in First Trust Water ETF by 24.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 34,522 shares of the company’s stock valued at $3,774,000 after acquiring an additional 6,835 shares during the period. Jane Street Group LLC grew its position in shares of First Trust Water ETF by 291.6% in the third quarter. Jane Street Group LLC now owns 16,899 shares of the company’s stock valued at $1,848,000 after purchasing an additional 12,584 shares during the period. FMR LLC increased its stake in shares of First Trust Water ETF by 12.2% during the third quarter. FMR LLC now owns 4,489 shares of the company’s stock worth $491,000 after purchasing an additional 487 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of First Trust Water ETF during the 2nd quarter worth about $1,181,000. Finally, Financial Advocates Investment Management lifted its stake in First Trust Water ETF by 44.3% in the 3rd quarter. Financial Advocates Investment Management now owns 4,909 shares of the company’s stock valued at $537,000 after buying an additional 1,506 shares in the last quarter.

First Trust Water ETF Trading Down 0.1 %

FIW stock opened at $105.99 on Friday. First Trust Water ETF has a 12-month low of $91.29 and a 12-month high of $111.64. The business’s 50-day moving average is $105.78 and its 200 day moving average is $105.98. The stock has a market cap of $1.72 billion, a price-to-earnings 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.