First Trust Water ETF (NYSEARCA:FIW) Shares Bought by Bank of Montreal Can

Bank of Montreal Can raised its holdings in First Trust Water ETF (NYSEARCA:FIW) by 14.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 39,705 shares of the company’s stock after purchasing an additional 5,041 shares during the period. Bank of Montreal Can owned about 0.24% of First Trust Water ETF worth $4,330,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in FIW. LPL Financial LLC increased its holdings in First Trust Water ETF by 9.5% in the 2nd quarter. LPL Financial LLC now owns 694,618 shares of the company’s stock worth $69,448,000 after acquiring an additional 59,991 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in First Trust Water ETF by 3.1% in the 2nd quarter. Commonwealth Equity Services LLC now owns 312,016 shares of the company’s stock valued at $31,195,000 after buying an additional 9,250 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in First Trust Water ETF by 1.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 186,040 shares of the company’s stock worth $18,600,000 after buying an additional 1,803 shares during the last quarter. SRS Capital Advisors Inc. increased its stake in First Trust Water ETF by 29.6% during the 3rd quarter. SRS Capital Advisors Inc. now owns 168,604 shares of the company’s stock worth $18,433,000 after buying an additional 38,490 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in shares of First Trust Water ETF by 68.8% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 140,524 shares of the company’s stock valued at $14,050,000 after acquiring an additional 57,253 shares during the last quarter.

First Trust Water ETF Price Performance

Shares of NYSEARCA:FIW opened at $110.60 on Wednesday. First Trust Water ETF has a 1 year low of $89.08 and a 1 year high of $111.64. The firm has a market capitalization of $1.80 billion, a PE ratio of 33.23 and a beta of 0.99. The business’s 50 day moving average price is $108.35 and its 200-day moving average price is $105.28.

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.