First Trust Water ETF $FIW Shares Sold by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC lowered its position in First Trust Water ETF (NYSEARCA:FIW) by 35.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,328 shares of the company’s stock after selling 13,156 shares during the period. Integrated Wealth Concepts LLC owned approximately 0.14% of First Trust Water ETF worth $2,664,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Godfrey Financial Associates Inc. purchased a new stake in shares of First Trust Water ETF in the 4th quarter valued at $28,000. Evolution Wealth Management Inc. acquired a new stake in shares of First Trust Water ETF in the fourth quarter worth $32,000. Assetmark Inc. raised its holdings in shares of First Trust Water ETF by 88.0% during the first quarter. Assetmark Inc. now owns 344 shares of the company’s stock worth $35,000 after purchasing an additional 161 shares during the last quarter. CX Institutional purchased a new position in shares of First Trust Water ETF during the second quarter worth $37,000. Finally, Compass Financial Management LLC purchased a new stake in First Trust Water ETF in the second quarter valued at $43,000.

First Trust Water ETF Stock Performance

NYSEARCA:FIW opened at $105.72 on Tuesday. The firm’s fifty day moving average is $109.32 and its two-hundred day moving average is $107.07. The firm has a market cap of $1.81 billion, a price-to-earnings ratio of 24.17 and a beta of 0.99. First Trust Water ETF has a one year low of $98.52 and a one year high of $116.30.

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. The Index is rebalanced on a semi-annual basis. The Fund will normally invest at least 90% of its assets in common stocks that comprise the Index.