Claro Advisors LLC Sells 323 Shares of First Trust Water ETF (NYSEARCA:FIW)

Claro Advisors LLC lessened its holdings in shares of First Trust Water ETF (NYSEARCA:FIW) by 14.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,967 shares of the company’s stock after selling 323 shares during the quarter. Claro Advisors LLC’s holdings in First Trust Water ETF were worth $201,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Florin Court Capital LLP increased its stake in First Trust Water ETF by 16.5% during the 4th quarter. Florin Court Capital LLP now owns 30,300 shares of the company’s stock valued at $2,872,000 after purchasing an additional 4,300 shares in the last quarter. Cutter & CO Brokerage Inc. raised its holdings in shares of First Trust Water ETF by 2.4% in the fourth quarter. Cutter & CO Brokerage Inc. now owns 13,208 shares of the company’s stock valued at $1,252,000 after purchasing an additional 312 shares during the last quarter. Raab & Moskowitz Asset Management LLC raised its holdings in shares of First Trust Water ETF by 0.8% in the fourth quarter. Raab & Moskowitz Asset Management LLC now owns 33,256 shares of the company’s stock valued at $3,153,000 after purchasing an additional 270 shares during the last quarter. Brown Advisory Inc. raised its holdings in shares of First Trust Water ETF by 9.6% in the fourth quarter. Brown Advisory Inc. now owns 3,666 shares of the company’s stock valued at $348,000 after purchasing an additional 320 shares during the last quarter. Finally, Wells Fargo & Company MN raised its holdings in shares of First Trust Water ETF by 15.8% in the fourth quarter. Wells Fargo & Company MN now owns 466,293 shares of the company’s stock valued at $44,204,000 after purchasing an additional 63,528 shares during the last quarter.

First Trust Water ETF Price Performance

Shares of FIW stock opened at $98.41 on Wednesday. The firm has a 50-day moving average of $102.39 and a 200-day moving average of $98.54. The company has a market cap of $1.60 billion, a P/E ratio of 33.23 and a beta of 0.99. First Trust Water ETF has a one year low of $77.11 and a one year high of $107.24.

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.