M Holdings Securities Inc. Acquires 690 Shares of First Trust Water ETF $FIW

M Holdings Securities Inc. increased its holdings in First Trust Water ETF (NYSEARCA:FIW) by 2.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,593 shares of the company’s stock after acquiring an additional 690 shares during the period. M Holdings Securities Inc. owned about 0.15% of First Trust Water ETF worth $2,477,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of FIW. Perkins Coie Trust Co bought a new position in First Trust Water ETF during the first quarter valued at $35,000. Russell Investments Group Ltd. grew its holdings in First Trust Water ETF by 1,161.3% during the fourth quarter. Russell Investments Group Ltd. now owns 391 shares of the company’s stock valued at $40,000 after purchasing an additional 360 shares during the period. PFS Partners LLC boosted its holdings in shares of First Trust Water ETF by 369.5% in the first quarter. PFS Partners LLC now owns 446 shares of the company’s stock worth $45,000 after acquiring an additional 351 shares during the period. Golden State Wealth Management LLC boosted its holdings in shares of First Trust Water ETF by 116.8% in the first quarter. Golden State Wealth Management LLC now owns 568 shares of the company’s stock worth $57,000 after acquiring an additional 306 shares during the period. Finally, Investors Research Corp boosted its holdings in shares of First Trust Water ETF by 47.4% in the first quarter. Investors Research Corp now owns 588 shares of the company’s stock worth $59,000 after acquiring an additional 189 shares during the period.

First Trust Water ETF Price Performance

First Trust Water ETF stock opened at $112.70 on Monday. First Trust Water ETF has a one year low of $89.31 and a one year high of $114.75. The business has a fifty day moving average price of $109.10 and a 200-day moving average price of $104.57. The firm has a market capitalization of $1.93 billion, a P/E ratio of 24.17 and a beta of 1.01.

First Trust Water ETF 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.