Brandywine Oak Private Wealth LLC Invests $224,000 in First Trust Water ETF (NYSEARCA:FIW)

Brandywine Oak Private Wealth LLC acquired a new position in First Trust Water ETF (NYSEARCA:FIW) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,358 shares of the company’s stock, valued at approximately $224,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. International Assets Investment Management LLC purchased a new stake in shares of First Trust Water ETF during the fourth quarter valued at approximately $69,109,000. LPL Financial LLC increased its position in shares of First Trust Water ETF by 9.0% during the third quarter. LPL Financial LLC now owns 627,373 shares of the company’s stock valued at $51,915,000 after acquiring an additional 51,616 shares during the last quarter. Commonwealth Equity Services LLC increased its position in shares of First Trust Water ETF by 2.3% during the third quarter. Commonwealth Equity Services LLC now owns 273,544 shares of the company’s stock valued at $22,636,000 after acquiring an additional 6,123 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of First Trust Water ETF by 8.0% during the third quarter. Envestnet Asset Management Inc. now owns 171,818 shares of the company’s stock valued at $14,218,000 after acquiring an additional 12,662 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its position in shares of First Trust Water ETF by 4.4% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 135,724 shares of the company’s stock valued at $12,866,000 after acquiring an additional 5,683 shares during the last quarter.

First Trust Water ETF Trading Up 0.4 %

Shares of NYSEARCA FIW opened at $99.48 on Thursday. The stock has a fifty day simple moving average of $99.40 and a two-hundred day simple moving average of $92.92. First Trust Water ETF has a 1-year low of $77.11 and a 1-year high of $102.55. The firm has a market cap of $1.61 billion, a price-to-earnings ratio of 31.25 and a beta of 0.97.

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.