Chicago Partners Investment Group LLC Trims Stock Position in First Trust Water ETF $FIW

Chicago Partners Investment Group LLC lessened its holdings in First Trust Water ETF (NYSEARCA:FIW) by 0.3% during the 2nd quarter, Holdings Channel reports. The firm owned 49,204 shares of the company’s stock after selling 142 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in First Trust Water ETF were worth $5,396,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of FIW. Jones Financial Companies Lllp purchased a new stake in shares of First Trust Water ETF in the first quarter valued at about $43,319,000. Raymond James Financial Inc. lifted its holdings in shares of First Trust Water ETF by 22.3% in the first quarter. Raymond James Financial Inc. now owns 227,482 shares of the company’s stock valued at $22,910,000 after purchasing an additional 41,417 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of First Trust Water ETF by 3.9% in the first quarter. LPL Financial LLC now owns 844,947 shares of the company’s stock valued at $85,095,000 after purchasing an additional 32,085 shares in the last quarter. Calton & Associates Inc. lifted its holdings in shares of First Trust Water ETF by 1,404.7% in the first quarter. Calton & Associates Inc. now owns 32,426 shares of the company’s stock valued at $3,266,000 after purchasing an additional 30,271 shares in the last quarter. Finally, Ameritas Advisory Services LLC lifted its stake in shares of First Trust Water ETF by 27.5% during the first quarter. Ameritas Advisory Services LLC now owns 117,982 shares of the company’s stock valued at $11,888,000 after buying an additional 25,422 shares during the period.

First Trust Water ETF Stock Performance

Shares of FIW opened at $113.45 on Monday. The company has a market capitalization of $1.97 billion, a price-to-earnings ratio of 24.17 and a beta of 1.01. The company’s 50 day simple moving average is $112.83 and its 200 day simple moving average is $107.68. First Trust Water ETF has a 1 year low of $89.31 and a 1 year high of $115.58.

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.