First Trust Water ETF $FIW Stock Position Boosted by Atria Investments Inc

Atria Investments Inc raised its stake in shares of First Trust Water ETF (NYSEARCA:FIW) by 579.4% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 19,580 shares of the company’s stock after buying an additional 16,698 shares during the period. Atria Investments Inc’s holdings in First Trust Water ETF were worth $2,114,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. DAVENPORT & Co LLC boosted its holdings in shares of First Trust Water ETF by 4.7% in the first quarter. DAVENPORT & Co LLC now owns 8,841 shares of the company’s stock valued at $890,000 after acquiring an additional 399 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new stake in First Trust Water ETF in the first quarter worth approximately $308,000. Stratos Investment Management LLC bought a new position in First Trust Water ETF during the 1st quarter valued at $1,518,000. Platform Technology Partners bought a new position in First Trust Water ETF during the 1st quarter valued at $755,000. Finally, Corrado Advisors LLC increased its position in shares of First Trust Water ETF by 6.2% during the 1st quarter. Corrado Advisors LLC now owns 12,605 shares of the company’s stock valued at $1,269,000 after purchasing an additional 736 shares during the period.

First Trust Water ETF Stock Performance

FIW opened at $111.35 on Tuesday. The company has a market capitalization of $1.94 billion, a PE ratio of 24.17 and a beta of 1.05. The stock’s fifty day moving average is $112.94 and its 200-day moving average is $109.22. First Trust Water ETF has a one year low of $89.31 and a one year high of $116.16.

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.