Perkins Coie Trust Co Purchases New Shares in First Trust Water ETF (NYSEARCA:FIW)

Perkins Coie Trust Co purchased a new position in shares of First Trust Water ETF (NYSEARCA:FIW) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 350 shares of the company’s stock, valued at approximately $35,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Kingsview Wealth Management LLC lifted its position in shares of First Trust Water ETF by 2.0% during the 4th quarter. Kingsview Wealth Management LLC now owns 5,061 shares of the company’s stock valued at $516,000 after acquiring an additional 98 shares during the period. Corrado Advisors LLC raised its stake in First Trust Water ETF by 0.9% in the fourth quarter. Corrado Advisors LLC now owns 11,869 shares of the company’s stock valued at $1,211,000 after purchasing an additional 103 shares in the last quarter. Walkner Condon Financial Advisors LLC lifted its position in First Trust Water ETF by 2.6% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 4,652 shares of the company’s stock worth $475,000 after purchasing an additional 119 shares during the period. WMG Financial Advisors LLC lifted its position in First Trust Water ETF by 1.1% during the fourth quarter. WMG Financial Advisors LLC now owns 15,387 shares of the company’s stock worth $1,570,000 after purchasing an additional 168 shares during the period. Finally, Stegent Equity Advisors Inc. grew its stake in First Trust Water ETF by 0.4% during the fourth quarter. Stegent Equity Advisors Inc. now owns 39,962 shares of the company’s stock worth $4,078,000 after buying an additional 178 shares in the last quarter.

First Trust Water ETF Trading Up 0.5%

Shares of NYSEARCA:FIW opened at $107.28 on Friday. The firm has a 50 day moving average of $101.33 and a 200-day moving average of $103.40. The stock has a market capitalization of $1.85 billion, a PE ratio of 26.01 and a beta of 1.04. First Trust Water ETF has a 12 month low of $89.31 and a 12 month high of $111.64.

About First Trust Water ETF

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.