MGO One Seven LLC Has $813,000 Stock Holdings in First Trust Water ETF $FIW

MGO One Seven LLC lifted its stake in First Trust Water ETF (NYSEARCA:FIW) by 316.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,483 shares of the company’s stock after acquiring an additional 5,688 shares during the quarter. MGO One Seven LLC’s holdings in First Trust Water ETF were worth $813,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of FIW. Polianta Ltd increased its stake in shares of First Trust Water ETF by 86.0% in the fourth quarter. Polianta Ltd now owns 267,700 shares of the company’s stock worth $29,082,000 after acquiring an additional 123,800 shares during the last quarter. Pursuit Wealth Management LLC acquired a new position in shares of First Trust Water ETF in the fourth quarter worth $5,007,000. Modern Wealth Management LLC acquired a new position in shares of First Trust Water ETF in the second quarter worth $4,676,000. Raymond James Financial Inc. increased its stake in shares of First Trust Water ETF by 18.2% in the third quarter. Raymond James Financial Inc. now owns 260,093 shares of the company’s stock worth $29,221,000 after acquiring an additional 39,966 shares during the last quarter. Finally, Kestra Private Wealth Services LLC increased its stake in shares of First Trust Water ETF by 38.8% in the third quarter. Kestra Private Wealth Services LLC now owns 128,112 shares of the company’s stock worth $14,393,000 after acquiring an additional 35,827 shares during the last quarter.

First Trust Water ETF Trading Down 1.1%

NYSEARCA FIW opened at $103.32 on Wednesday. The company has a market capitalization of $1.77 billion, a PE ratio of 24.17 and a beta of 1.03. First Trust Water ETF has a 1-year low of $100.75 and a 1-year high of $116.30. The firm’s fifty day simple moving average is $106.13 and its 200-day simple moving average is $109.99.

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. 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.