Harbour Investments Inc. Sells 605 Shares of First Trust Water ETF $FIW

Harbour Investments Inc. cut its holdings in shares of First Trust Water ETF (NYSEARCA:FIW) by 5.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,644 shares of the company’s stock after selling 605 shares during the quarter. Harbour Investments Inc. owned approximately 0.06% of First Trust Water ETF worth $1,041,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC lifted its position in First Trust Water ETF by 116.8% during the 1st quarter. Golden State Wealth Management LLC now owns 568 shares of the company’s stock worth $57,000 after buying an additional 306 shares in the last quarter. Investors Research Corp increased its stake in shares of First Trust Water ETF by 19.9% during the 2nd quarter. Investors Research Corp now owns 705 shares of the company’s stock worth $76,000 after purchasing an additional 117 shares during the last quarter. N.E.W. Advisory Services LLC acquired a new position in shares of First Trust Water ETF during the 1st quarter worth about $133,000. Millstone Evans Group LLC acquired a new position in shares of First Trust Water ETF during the 1st quarter worth about $134,000. Finally, Larson Financial Group LLC increased its stake in shares of First Trust Water ETF by 9.1% during the 1st quarter. Larson Financial Group LLC now owns 1,359 shares of the company’s stock worth $137,000 after purchasing an additional 113 shares during the last quarter.

First Trust Water ETF Stock Up 0.3%

Shares of NYSEARCA:FIW opened at $113.45 on Friday. The company’s 50 day moving average price is $112.83 and its two-hundred day moving average price is $107.61. First Trust Water ETF has a 12-month low of $89.31 and a 12-month high of $115.58. The firm has a market cap of $1.97 billion, a PE ratio of 24.17 and a beta of 1.01.

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.