International Assets Investment Management LLC Buys 1,197 Shares of First Trust Water ETF $FIW

International Assets Investment Management LLC lifted its stake in shares of First Trust Water ETF (NYSEARCA:FIW) by 12.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,986 shares of the company’s stock after acquiring an additional 1,197 shares during the quarter. International Assets Investment Management LLC’s holdings in First Trust Water ETF were worth $1,186,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Janney Montgomery Scott LLC boosted its holdings in shares of First Trust Water ETF by 67.5% in the first quarter. Janney Montgomery Scott LLC now owns 50,454 shares of the company’s stock valued at $5,081,000 after purchasing an additional 20,340 shares during the period. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of First Trust Water ETF by 5.2% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 7,593 shares of the company’s stock valued at $765,000 after purchasing an additional 373 shares during the period. HighTower Advisors LLC boosted its holdings in shares of First Trust Water ETF by 6.6% in the first quarter. HighTower Advisors LLC now owns 25,998 shares of the company’s stock valued at $2,618,000 after purchasing an additional 1,602 shares during the period. KWB Wealth purchased a new stake in shares of First Trust Water ETF in the second quarter valued at approximately $255,000. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of First Trust Water ETF by 3.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 9,301 shares of the company’s stock valued at $1,028,000 after purchasing an additional 321 shares during the period.

First Trust Water ETF Stock Performance

Shares of NYSEARCA FIW opened at $113.45 on Monday. The firm has a market capitalization of $1.97 billion, a price-to-earnings ratio of 24.17 and a beta of 1.01. The stock has a 50 day moving average price of $112.83 and a 200 day moving average price of $107.68. First Trust Water ETF has a 52-week low of $89.31 and a 52-week high of $115.58.

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.