First Trust Water ETF (NYSEARCA:FIW) Shares Sold by Stonebridge Financial Planning Group LLC

Stonebridge Financial Planning Group LLC decreased its position in shares of First Trust Water ETF (NYSEARCA:FIW) by 4.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,449 shares of the company’s stock after selling 849 shares during the quarter. First Trust Water ETF accounts for approximately 1.1% of Stonebridge Financial Planning Group LLC’s investment portfolio, making the stock its 24th largest holding. Stonebridge Financial Planning Group LLC owned 0.13% of First Trust Water ETF worth $1,939,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Provence Wealth Management Group purchased a new position in First Trust Water ETF in the 3rd quarter worth approximately $28,000. Legacy Financial Group LLC acquired a new stake in shares of First Trust Water ETF during the 3rd quarter worth approximately $37,000. AdvisorNet Financial Inc grew its position 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 worth $108,000 after acquiring an additional 562 shares during the period. Smithfield Trust Co raised its position in First Trust Water ETF by 286.1% in the third quarter. Smithfield Trust Co now owns 2,274 shares of the company’s stock valued at $188,000 after purchasing an additional 1,685 shares during the period. Finally, Private Trust Co. NA grew its holdings in shares of First Trust Water ETF by 13.7% during the 4th quarter. Private Trust Co. NA now owns 2,079 shares of the company’s stock worth $197,000 after purchasing an additional 250 shares during the period.

First Trust Water ETF Trading Down 1.3 %

NYSEARCA FIW traded down $1.35 during trading hours on Tuesday, reaching $99.10. The company had a trading volume of 29,632 shares, compared to its average volume of 39,863. The stock has a 50-day moving average of $99.28 and a 200 day moving average of $92.75. First Trust Water ETF has a 1-year low of $77.11 and a 1-year high of $102.55. The stock has a market capitalization of $1.60 billion, a P/E ratio of 31.25 and a beta of 0.97.

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.