Prospect Financial Services LLC Grows Stake in First Trust Water ETF (NYSEARCA:FIW)

Prospect Financial Services LLC boosted its position in shares of First Trust Water ETF (NYSEARCA:FIW) by 4.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,783 shares of the company’s stock after purchasing an additional 111 shares during the quarter. Prospect Financial Services LLC’s holdings in First Trust Water ETF were worth $284,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Values First Advisors Inc. purchased a new position in shares of First Trust Water ETF in the 3rd quarter valued at $52,000. Copley Financial Group Inc. purchased a new position in shares of First Trust Water ETF in the 3rd quarter valued at $62,000. TD Private Client Wealth LLC increased its holdings in shares of First Trust Water ETF by 6.3% in the 3rd quarter. TD Private Client Wealth LLC now owns 1,680 shares of the company’s stock valued at $184,000 after acquiring an additional 99 shares during the period. Tempus Wealth Planning LLC purchased a new position in shares of First Trust Water ETF in the 3rd quarter valued at $203,000. Finally, J.W. Cole Advisors Inc. purchased a new position in shares of First Trust Water ETF in the 3rd quarter valued at $204,000.

First Trust Water ETF Trading Up 0.6 %

Shares of NYSEARCA:FIW opened at $105.88 on Tuesday. First Trust Water ETF has a 12-month low of $91.73 and a 12-month high of $111.64. The business’s fifty day simple moving average is $105.72 and its 200-day simple moving average is $106.13. The company has a market capitalization of $1.72 billion, a PE ratio of 33.23 and a beta of 0.99.

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.