Flagstar Advisors Inc. Purchases 322 Shares of First Trust Water ETF (NYSEARCA:FIW)

Flagstar Advisors Inc. boosted its position in First Trust Water ETF (NYSEARCA:FIW) by 2.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,713 shares of the company’s stock after purchasing an additional 322 shares during the period. Flagstar Advisors Inc.’s holdings in First Trust Water ETF were worth $1,297,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of FIW. Kestra Investment Management LLC bought a new stake in First Trust Water ETF during the 4th quarter valued at about $80,000. Atria Wealth Solutions Inc. grew its stake in First Trust Water ETF by 9.3% in the fourth quarter. Atria Wealth Solutions Inc. now owns 13,936 shares of the company’s stock worth $1,422,000 after purchasing an additional 1,188 shares in the last quarter. Truist Financial Corp increased its holdings in First Trust Water ETF by 8.4% during the 4th quarter. Truist Financial Corp now owns 105,799 shares of the company’s stock worth $10,797,000 after purchasing an additional 8,240 shares during the period. Sanctuary Advisors LLC raised its position in First Trust Water ETF by 9.5% during the 4th quarter. Sanctuary Advisors LLC now owns 14,899 shares of the company’s stock valued at $1,576,000 after purchasing an additional 1,287 shares in the last quarter. Finally, Csenge Advisory Group lifted its holdings in shares of First Trust Water ETF by 2.4% in the 4th quarter. Csenge Advisory Group now owns 11,861 shares of the company’s stock worth $1,210,000 after buying an additional 282 shares during the period.

First Trust Water ETF Stock Performance

NYSEARCA FIW opened at $105.10 on Wednesday. The company’s 50-day simple moving average is $104.30 and its two-hundred day simple moving average is $106.13. First Trust Water ETF has a one year low of $95.74 and a one year high of $111.64. The company has a market capitalization of $1.71 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99.

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.