Investors Research Corp Purchases 215 Shares of First Trust Water ETF (NYSEARCA:FIW)

Investors Research Corp boosted its position in shares of First Trust Water ETF (NYSEARCA:FIW) by 116.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 399 shares of the company’s stock after acquiring an additional 215 shares during the period. Investors Research Corp’s holdings in First Trust Water ETF were worth $41,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FIW. Raymond James Financial Inc. bought a new stake in First Trust Water ETF during the 4th quarter worth approximately $18,988,000. SRS Capital Advisors Inc. grew its holdings in First Trust Water ETF by 29.6% during the 3rd quarter. SRS Capital Advisors Inc. now owns 168,604 shares of the company’s stock valued at $18,433,000 after buying an additional 38,490 shares in the last quarter. Benjamin Edwards Inc. purchased a new stake in First Trust Water ETF during the 3rd quarter valued at approximately $4,063,000. Strategic Financial Concepts LLC purchased a new stake in First Trust Water ETF during the 4th quarter valued at approximately $31,000. Finally, Strategy Asset Managers LLC purchased a new stake in First Trust Water ETF during the 3rd quarter valued at approximately $2,730,000.

First Trust Water ETF Price Performance

Shares of FIW opened at $103.29 on Tuesday. First Trust Water ETF has a 1 year low of $96.29 and a 1 year high of $111.64. The company has a 50 day simple moving average of $103.94 and a two-hundred day simple moving average of $106.07. The firm has a market cap of $1.78 billion, a P/E ratio of 25.44 and a beta of 1.04.

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.