Kestra Private Wealth Services LLC Raises Position in First Trust Water ETF $FIW

Kestra Private Wealth Services LLC boosted its holdings in shares of First Trust Water ETF (NYSEARCA:FIW) by 4.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 141,242 shares of the company’s stock after buying an additional 6,643 shares during the period. Kestra Private Wealth Services LLC owned approximately 0.82% of First Trust Water ETF worth $14,566,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in FIW. LPL Financial LLC raised its holdings in shares of First Trust Water ETF by 3.9% in the 4th quarter. LPL Financial LLC now owns 936,052 shares of the company’s stock valued at $101,693,000 after acquiring an additional 34,753 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of First Trust Water ETF by 3.1% during the third quarter. Bank of America Corp DE now owns 483,853 shares of the company’s stock worth $54,361,000 after purchasing an additional 14,736 shares in the last quarter. Polianta Ltd increased its position 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 purchasing an additional 123,800 shares during the last quarter. Raymond James Financial Inc. increased its position 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 purchasing an additional 39,966 shares during the last quarter. Finally, Stifel Financial Corp raised its stake in First Trust Water ETF by 0.9% in the fourth quarter. Stifel Financial Corp now owns 222,375 shares of the company’s stock valued at $24,160,000 after purchasing an additional 2,002 shares in the last quarter.

First Trust Water ETF Price Performance

Shares of FIW opened at $107.33 on Thursday. First Trust Water ETF has a 1-year low of $98.52 and a 1-year high of $116.30. The company has a market capitalization of $1.84 billion, a P/E ratio of 24.17 and a beta of 1.01. The firm’s 50 day simple moving average is $105.04 and its 200 day simple moving average is $108.32.

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.