First Trust Water ETF (NYSEARCA:FIW) Shares Acquired by PFG Investments LLC

PFG Investments LLC increased its position in shares of First Trust Water ETF (NYSEARCA:FIW) by 3.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,145 shares of the company’s stock after purchasing an additional 148 shares during the period. PFG Investments LLC’s holdings in First Trust Water ETF were worth $525,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in FIW. ICA Group Wealth Management LLC purchased a new stake in shares of First Trust Water ETF during the 4th quarter worth $27,000. Provence Wealth Management Group acquired a new stake in shares of First Trust Water ETF in the third quarter valued at about $28,000. SOA Wealth Advisors LLC. purchased a new stake in First Trust Water ETF during the first quarter worth about $36,000. Legacy Financial Group LLC acquired a new position in First Trust Water ETF during the third quarter worth about $37,000. Finally, AdvisorNet Financial Inc increased its holdings in First Trust Water ETF by 98.3% in the fourth quarter. AdvisorNet Financial Inc now owns 1,134 shares of the company’s stock valued at $108,000 after buying an additional 562 shares in the last quarter.

First Trust Water ETF Price Performance

Shares of FIW stock traded up $0.54 during midday trading on Monday, reaching $100.45. 32,591 shares of the company traded hands, compared to its average volume of 39,989. The firm’s 50 day simple moving average is $99.28 and its two-hundred day simple moving average is $92.75. The firm has a market cap of $1.62 billion, a PE ratio of 31.25 and a beta of 0.97. First Trust Water ETF has a 1-year low of $77.11 and a 1-year high of $102.55.

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.