Outlook Wealth Advisors LLC Sells 626 Shares of First Trust Water ETF (NYSEARCA:FIW)

Outlook Wealth Advisors LLC reduced its position in First Trust Water ETF (NYSEARCA:FIW) by 5.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 11,938 shares of the company’s stock after selling 626 shares during the quarter. Outlook Wealth Advisors LLC’s holdings in First Trust Water ETF were worth $1,218,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of FIW. Ameritas Advisory Services LLC lifted its position in First Trust Water ETF by 164.7% during the 3rd quarter. Ameritas Advisory Services LLC now owns 72,186 shares of the company’s stock worth $7,892,000 after acquiring an additional 44,910 shares during the period. SRS Capital Advisors Inc. raised its stake in shares of First Trust Water ETF by 29.6% in the third quarter. SRS Capital Advisors Inc. now owns 168,604 shares of the company’s stock worth $18,433,000 after purchasing an additional 38,490 shares during the last quarter. Benjamin Edwards Inc. purchased a new stake in First Trust Water ETF in the third quarter valued at approximately $4,063,000. Strategy Asset Managers LLC purchased a new stake in First Trust Water ETF in the third quarter valued at approximately $2,730,000. Finally, Jane Street Group LLC increased its holdings in First Trust Water ETF by 291.6% in the 3rd quarter. Jane Street Group LLC now owns 16,899 shares of the company’s stock worth $1,848,000 after buying an additional 12,584 shares during the period.

First Trust Water ETF Price Performance

Shares of First Trust Water ETF stock opened at $103.75 on Thursday. The firm has a fifty day moving average price of $106.19 and a 200 day moving average price of $105.73. The stock has a market cap of $1.69 billion, a PE ratio of 33.23 and a beta of 0.99. First Trust Water ETF has a 1 year low of $90.63 and a 1 year high of $111.64.

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.