First Trust Water ETF (NYSEARCA:FIW) Shares Sold by Fiduciary Trust Co

Fiduciary Trust Co decreased its position in First Trust Water ETF (NYSEARCA:FIW) by 2.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,298 shares of the company’s stock after selling 587 shares during the period. Fiduciary Trust Co owned 0.12% of First Trust Water ETF worth $2,071,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of First Trust Water ETF by 24.7% during the third quarter. JPMorgan Chase & Co. now owns 34,522 shares of the company’s stock worth $3,774,000 after buying an additional 6,835 shares during the period. Allworth Financial LP boosted its holdings in First Trust Water ETF by 48.7% during the 4th quarter. Allworth Financial LP now owns 1,139 shares of the company’s stock valued at $121,000 after acquiring an additional 373 shares during the period. Ipsen Advisor Group LLC acquired a new position in First Trust Water ETF in the 4th quarter valued at about $1,031,000. Janney Montgomery Scott LLC increased its stake in First Trust Water ETF by 88.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 30,114 shares of the company’s stock worth $3,073,000 after purchasing an additional 14,162 shares during the period. Finally, Strategic Financial Concepts LLC acquired a new stake in shares of First Trust Water ETF during the fourth quarter worth about $31,000.

First Trust Water ETF Stock Performance

NYSEARCA FIW opened at $103.50 on Friday. First Trust Water ETF has a one year low of $89.31 and a one year high of $111.64. The firm has a 50 day simple moving average of $99.63 and a 200-day simple moving average of $103.62. The firm has a market cap of $1.75 billion, a price-to-earnings ratio of 24.42 and a beta of 1.02.

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.