Chicago Partners Investment Group LLC Sells 5,083 Shares of First Trust Water ETF $FIW

Chicago Partners Investment Group LLC lowered its position in shares of First Trust Water ETF (NYSEARCA:FIW) by 11.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,786 shares of the company’s stock after selling 5,083 shares during the period. Chicago Partners Investment Group LLC’s holdings in First Trust Water ETF were worth $4,270,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Marshall & Sterling Wealth Advisors Inc. boosted its position in shares of First Trust Water ETF by 4.2% in the first quarter. Marshall & Sterling Wealth Advisors Inc. now owns 2,646 shares of the company’s stock valued at $273,000 after acquiring an additional 106 shares during the period. Morey & Quinn Wealth Partners LLC increased its position in First Trust Water ETF by 0.9% during the third quarter. Morey & Quinn Wealth Partners LLC now owns 12,461 shares of the company’s stock worth $1,293,000 after acquiring an additional 109 shares during the period. Tempus Wealth Planning LLC increased its position in First Trust Water ETF by 5.0% during the third quarter. Tempus Wealth Planning LLC now owns 2,497 shares of the company’s stock worth $259,000 after acquiring an additional 119 shares during the period. Ipsen Advisor Group LLC increased its position in First Trust Water ETF by 1.0% during the third quarter. Ipsen Advisor Group LLC now owns 13,765 shares of the company’s stock worth $1,429,000 after acquiring an additional 134 shares during the period. Finally, Assetmark Inc. raised its stake in First Trust Water ETF by 88.0% in the 1st quarter. Assetmark Inc. now owns 344 shares of the company’s stock worth $35,000 after purchasing an additional 161 shares in the last quarter.

First Trust Water ETF Stock Down 2.6%

Shares of First Trust Water ETF stock opened at $115.44 on Friday. First Trust Water ETF has a twelve month low of $98.52 and a twelve month high of $118.72. The company has a 50-day simple moving average of $107.70 and a two-hundred day simple moving average of $108.03. The stock has a market capitalization of $1.88 billion, a price-to-earnings ratio of 24.17 and a beta of 0.97.

First Trust Water ETF 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.