First Trust Water ETF (NYSEARCA:FIW) Position Trimmed by HighTower Advisors LLC

HighTower Advisors LLC trimmed its holdings in shares of First Trust Water ETF (NYSEARCA:FIW) by 4.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 24,365 shares of the company’s stock after selling 1,051 shares during the period. HighTower Advisors LLC’s holdings in First Trust Water ETF were worth $2,665,000 as of its most recent SEC filing.

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

First Trust Water ETF Stock Down 0.7 %

First Trust Water ETF stock opened at $107.35 on Friday. The firm has a 50-day moving average price of $108.52 and a two-hundred day moving average price of $105.46. First Trust Water ETF has a 52-week low of $90.63 and a 52-week high of $111.64. The firm has a market capitalization of $1.74 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99.

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.