First Trust Water ETF (NYSEARCA:FIW) Shares Sold by Sfmg LLC

Sfmg LLC trimmed its holdings in First Trust Water ETF (NYSEARCA:FIW) by 4.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 16,124 shares of the company’s stock after selling 701 shares during the period. Sfmg LLC’s holdings in First Trust Water ETF were worth $1,645,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Golden State Wealth Management LLC acquired a new stake in shares of First Trust Water ETF during the 4th quarter valued at approximately $27,000. Investors Research Corp raised its position in shares of First Trust Water ETF by 116.8% during the 4th quarter. Investors Research Corp now owns 399 shares of the company’s stock valued at $41,000 after acquiring an additional 215 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of First Trust Water ETF during the 4th quarter valued at approximately $49,000. Copley Financial Group Inc. acquired a new stake in shares of First Trust Water ETF during the 3rd quarter valued at approximately $62,000. Finally, Farther Finance Advisors LLC raised its position in shares of First Trust Water ETF by 73.1% during the 4th quarter. Farther Finance Advisors LLC now owns 772 shares of the company’s stock valued at $79,000 after acquiring an additional 326 shares in the last quarter.

First Trust Water ETF Trading Down 1.2 %

FIW stock opened at $100.22 on Friday. The firm has a market cap of $1.72 billion, a P/E ratio of 26.28 and a beta of 1.04. First Trust Water ETF has a 12-month low of $96.29 and a 12-month high of $111.64. The stock’s 50 day simple moving average is $103.88 and its 200 day simple moving average is $105.73.

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.