First Trust Water ETF (NYSEARCA:FIW) Position Reduced by KFG Wealth Management LLC

KFG Wealth Management LLC reduced its position in First Trust Water ETF (NYSEARCA:FIW) by 3.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 3,704 shares of the company’s stock after selling 124 shares during the quarter. KFG Wealth Management LLC’s holdings in First Trust Water ETF were worth $378,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. SRS Capital Advisors Inc. lifted its stake in 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 in the last quarter. Cetera Investment Advisers increased its holdings in shares of First Trust Water ETF by 2.7% in the 2nd quarter. Cetera Investment Advisers now owns 113,138 shares of the company’s stock valued at $11,312,000 after purchasing an additional 3,015 shares during the period. Ameritas Advisory Services LLC lifted its position in shares of First Trust Water ETF by 28.2% in the fourth quarter. Ameritas Advisory Services LLC now owns 92,560 shares of the company’s stock worth $9,446,000 after purchasing an additional 20,374 shares in the last quarter. MML Investors Services LLC boosted its holdings in shares of First Trust Water ETF by 20.2% during the third quarter. MML Investors Services LLC now owns 54,679 shares of the company’s stock worth $5,978,000 after purchasing an additional 9,185 shares during the period. Finally, White Pine Investment CO grew its position in First Trust Water ETF by 1.8% during the fourth quarter. White Pine Investment CO now owns 48,518 shares of the company’s stock valued at $4,951,000 after purchasing an additional 846 shares in the last quarter.

First Trust Water ETF Stock Performance

First Trust Water ETF stock opened at $105.27 on Friday. The firm’s 50 day moving average price is $105.72 and its two-hundred day moving average price is $106.02. The firm has a market cap of $1.71 billion, a PE ratio of 33.23 and a beta of 0.99. First Trust Water ETF has a twelve month low of $91.73 and a twelve month high of $111.64.

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.