Flagship Harbor Advisors LLC Raises Stake in First Trust Water ETF $FIW

Flagship Harbor Advisors LLC increased its stake in First Trust Water ETF (NYSEARCA:FIW) by 11.9% during the second quarter, according to its most recent filing with the SEC. The fund owned 6,890 shares of the company’s stock after buying an additional 730 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in First Trust Water ETF were worth $744,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Investors Research Corp boosted its holdings in shares of First Trust Water ETF by 19.9% in the 2nd quarter. Investors Research Corp now owns 705 shares of the company’s stock worth $76,000 after buying an additional 117 shares during the last quarter. N.E.W. Advisory Services LLC purchased a new position in shares of First Trust Water ETF in the 1st quarter worth about $133,000. Millstone Evans Group LLC purchased a new position in shares of First Trust Water ETF in the 1st quarter worth about $134,000. Larson Financial Group LLC boosted its holdings in shares of First Trust Water ETF by 9.1% in the 1st quarter. Larson Financial Group LLC now owns 1,359 shares of the company’s stock worth $137,000 after buying an additional 113 shares during the last quarter. Finally, Fifth Third Bancorp boosted its holdings in shares of First Trust Water ETF by 451.0% in the 2nd quarter. Fifth Third Bancorp now owns 1,576 shares of the company’s stock worth $170,000 after buying an additional 1,290 shares during the last quarter.

First Trust Water ETF Stock Down 1.1%

NYSEARCA FIW opened at $111.16 on Friday. The company has a market cap of $1.93 billion, a PE ratio of 24.17 and a beta of 1.05. First Trust Water ETF has a 52 week low of $89.31 and a 52 week high of $116.16. The firm’s 50-day simple moving average is $113.07 and its two-hundred day simple moving average is $108.85.

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.