StoneX Group Inc. Makes New Investment in First Trust Water ETF $FIW

StoneX Group Inc. bought a new position in shares of First Trust Water ETF (NYSEARCA:FIW) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 11,253 shares of the company’s stock, valued at approximately $1,175,000.

A number of other large investors have also modified their holdings of FIW. Modern Wealth Management LLC lifted its stake in shares of First Trust Water ETF by 15.9% in the first quarter. Modern Wealth Management LLC now owns 52,435 shares of the company’s stock worth $5,460,000 after buying an additional 7,205 shares in the last quarter. Sacks & Associates LLC purchased a new stake in First Trust Water ETF during the 3rd quarter valued at about $2,810,000. Wealthcare Advisory Partners LLC grew its stake in First Trust Water ETF by 16.3% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 64,351 shares of the company’s stock valued at $7,048,000 after acquiring an additional 9,037 shares in the last quarter. Wedbush Securities Inc. acquired a new stake in First Trust Water ETF in the 3rd quarter valued at about $638,000. Finally, International Assets Investment Management LLC raised its holdings in First Trust Water ETF by 4,011.6% in the 3rd quarter. International Assets Investment Management LLC now owns 600,000 shares of the company’s stock valued at $62,268,000 after acquiring an additional 585,407 shares during the last quarter.

First Trust Water ETF Price Performance

FIW opened at $118.63 on Tuesday. The company’s 50 day simple moving average is $107.95 and its two-hundred day simple moving average is $108.06. First Trust Water ETF has a 1-year low of $98.52 and a 1-year high of $119.42. The firm has a market capitalization of $1.93 billion, a price-to-earnings ratio of 24.17 and a beta of 0.97.

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. 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.