Concurrent Investment Advisors LLC Boosts Stock Position in First Trust Water ETF $FIW

Concurrent Investment Advisors LLC increased its holdings in shares of First Trust Water ETF (NYSEARCA:FIW) by 14.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,488 shares of the company’s stock after buying an additional 434 shares during the period. Concurrent Investment Advisors LLC’s holdings in First Trust Water ETF were worth $377,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Natural Investments LLC increased its holdings in First Trust Water ETF by 5.2% in the 2nd quarter. Natural Investments LLC now owns 3,324 shares of the company’s stock worth $358,000 after acquiring an additional 163 shares in the last quarter. Clear Creek Financial Management LLC increased its position in shares of First Trust Water ETF by 2.0% during the second quarter. Clear Creek Financial Management LLC now owns 9,870 shares of the company’s stock worth $1,066,000 after purchasing an additional 191 shares in the last quarter. Ignite Planners LLC increased its position in shares of First Trust Water ETF by 2.8% during the second quarter. Ignite Planners LLC now owns 3,469 shares of the company’s stock worth $377,000 after purchasing an additional 93 shares in the last quarter. DAVENPORT & Co LLC raised its stake in First Trust Water ETF by 33.4% in the 2nd quarter. DAVENPORT & Co LLC now owns 11,796 shares of the company’s stock valued at $1,274,000 after purchasing an additional 2,955 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC raised its stake in First Trust Water ETF by 11.0% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 47,072 shares of the company’s stock valued at $5,083,000 after purchasing an additional 4,653 shares during the last quarter.

First Trust Water ETF Stock Up 0.3%

Shares of FIW opened at $113.45 on Friday. First Trust Water ETF has a 52-week low of $89.31 and a 52-week high of $115.58. The firm’s fifty day moving average is $112.83 and its two-hundred day moving average is $107.61. The stock has a market cap of $1.97 billion, a PE ratio of 24.17 and a beta of 1.01.

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.