International Assets Investment Management LLC Purchases 585,407 Shares of First Trust Water ETF $FIW

International Assets Investment Management LLC boosted its position in First Trust Water ETF (NYSEARCA:FIW) by 4,011.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 600,000 shares of the company’s stock after buying an additional 585,407 shares during the period. International Assets Investment Management LLC owned approximately 3.68% of First Trust Water ETF worth $62,268,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Ameritas Advisory Services LLC lifted its stake in First Trust Water ETF by 42.4% during the 2nd quarter. Ameritas Advisory Services LLC now owns 157,875 shares of the company’s stock valued at $17,290,000 after acquiring an additional 47,042 shares in the last quarter. Clearwater Capital Advisors LLC grew its stake in First Trust Water ETF by 3.2% in the 1st quarter. Clearwater Capital Advisors LLC now owns 112,957 shares of the company’s stock valued at $11,649,000 after buying an additional 3,511 shares in the last quarter. Kestra Advisory Services LLC raised its holdings in First Trust Water ETF by 14.0% during the 1st quarter. Kestra Advisory Services LLC now owns 75,084 shares of the company’s stock valued at $7,743,000 after acquiring an additional 9,248 shares during the period. Mainsail Financial Group LLC raised its holdings in First Trust Water ETF by 9.5% during the 3rd quarter. Mainsail Financial Group LLC now owns 70,509 shares of the company’s stock valued at $7,317,000 after acquiring an additional 6,127 shares during the period. Finally, Wealthcare Advisory Partners LLC lifted its position in shares of First Trust Water ETF by 16.3% during the second quarter. Wealthcare Advisory Partners LLC now owns 64,351 shares of the company’s stock worth $7,048,000 after acquiring an additional 9,037 shares in the last quarter.

First Trust Water ETF Price Performance

First Trust Water ETF stock opened at $112.24 on Friday. First Trust Water ETF has a one year low of $98.52 and a one year high of $116.30. The business has a fifty day moving average price of $107.27 and a 200-day moving average price of $108.00. The firm has a market capitalization of $1.83 billion, a P/E ratio of 24.17 and a beta of 0.99.

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. The Index is rebalanced on a semi-annual basis. The Fund will normally invest at least 90% of its assets in common stocks that comprise the Index.