NBT Bank N A NY Lowers Stake in First Trust Water ETF (NYSEARCA:FIW)

NBT Bank N A NY cut its position in shares of First Trust Water ETF (NYSEARCA:FIW) by 13.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,052 shares of the company’s stock after selling 613 shares during the quarter. NBT Bank N A NY’s holdings in First Trust Water ETF were worth $414,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in shares of First Trust Water ETF during the fourth quarter worth about $18,988,000. SRS Capital Advisors Inc. grew its holdings in shares of First Trust Water ETF by 2.4% during the fourth quarter. SRS Capital Advisors Inc. now owns 172,605 shares of the company’s stock worth $17,614,000 after buying an additional 4,001 shares in the last quarter. Truist Financial Corp grew its holdings in shares of First Trust Water ETF by 8.4% during the fourth quarter. Truist Financial Corp now owns 105,799 shares of the company’s stock worth $10,797,000 after buying an additional 8,240 shares in the last quarter. Ameritas Advisory Services LLC grew its holdings in shares of First Trust Water ETF by 28.2% during the fourth quarter. Ameritas Advisory Services LLC now owns 92,560 shares of the company’s stock worth $9,446,000 after buying an additional 20,374 shares in the last quarter. Finally, Kestra Private Wealth Services LLC grew its holdings in shares of First Trust Water ETF by 8.5% during the fourth quarter. Kestra Private Wealth Services LLC now owns 66,723 shares of the company’s stock worth $6,809,000 after buying an additional 5,205 shares in the last quarter.

First Trust Water ETF Stock Performance

First Trust Water ETF stock opened at $101.50 on Wednesday. First Trust Water ETF has a 1 year low of $96.29 and a 1 year high of $111.64. The firm has a 50 day moving average price of $103.93 and a 200 day moving average price of $106.03. The company has a market cap of $1.75 billion, a price-to-earnings ratio of 25.44 and a beta of 1.04.

About First Trust Water ETF

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.