First Trust Water ETF $FIW Shares Sold by Kesler Norman & Wride LLC

Kesler Norman & Wride LLC cut its holdings in First Trust Water ETF (NYSEARCA:FIW) by 67.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 4,605 shares of the company’s stock after selling 9,446 shares during the period. Kesler Norman & Wride LLC’s holdings in First Trust Water ETF were worth $500,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Beto Financial Group LLC acquired a new stake in First Trust Water ETF in the fourth quarter valued at $259,000. Essex Financial Services Inc. acquired a new stake in shares of First Trust Water ETF during the fourth quarter worth about $211,000. Founders Financial Securities LLC increased its position in shares of First Trust Water ETF by 130.3% during the fourth quarter. Founders Financial Securities LLC now owns 7,531 shares of the company’s stock worth $818,000 after purchasing an additional 4,261 shares in the last quarter. Blueline Advisors LLC acquired a new stake in shares of First Trust Water ETF during the fourth quarter worth about $62,000. Finally, Basepoint Wealth LLC acquired a new stake in shares of First Trust Water ETF during the fourth quarter worth about $66,000.

First Trust Water ETF Stock Performance

FIW opened at $104.34 on Thursday. The business’s 50-day simple moving average is $104.73 and its 200-day simple moving average is $108.84. First Trust Water ETF has a one year low of $98.52 and a one year high of $116.30. The stock has a market capitalization of $1.78 billion, a P/E ratio of 24.17 and a beta of 1.03.

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.