AFG Fiduciary Services Limited Partnership Acquires Shares of 2,290 First Trust Water ETF (NYSEARCA:FIW)

AFG Fiduciary Services Limited Partnership acquired a new stake in shares of First Trust Water ETF (NYSEARCA:FIW) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,290 shares of the company’s stock, valued at approximately $221,000.

A number of other hedge funds have also recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new position in shares of First Trust Water ETF in the 4th quarter worth approximately $18,988,000. LPL Financial LLC grew its position in shares of First Trust Water ETF by 11.2% in the 4th quarter. LPL Financial LLC now owns 812,862 shares of the company’s stock worth $82,953,000 after acquiring an additional 82,173 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of First Trust Water ETF by 29.9% in the 4th quarter. Ameriprise Financial Inc. now owns 176,131 shares of the company’s stock worth $17,974,000 after acquiring an additional 40,535 shares in the last quarter. Strategic Financial Concepts LLC acquired a new position in shares of First Trust Water ETF in the 4th quarter worth approximately $31,000. Finally, Independent Advisor Alliance acquired a new position in shares of First Trust Water ETF in the 4th quarter worth approximately $2,440,000.

First Trust Water ETF Trading Down 0.2%

Shares of FIW opened at $106.79 on Friday. The firm has a market cap of $1.84 billion, a price-to-earnings ratio of 26.01 and a beta of 1.04. The stock has a 50 day moving average of $101.20 and a 200-day moving average of $103.40. First Trust Water ETF has a 52 week low of $89.31 and a 52 week 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.