Evelyn Partners Investment Management Europe Ltd Lowers Holdings in First Trust Water ETF $FIW

Evelyn Partners Investment Management Europe Ltd decreased its holdings in First Trust Water ETF (NYSEARCA:FIW) by 87.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,283 shares of the company’s stock after selling 185,446 shares during the quarter. Evelyn Partners Investment Management Europe Ltd’s holdings in First Trust Water ETF were worth $2,855,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. O Shaughnessy Asset Management LLC boosted its stake in shares of First Trust Water ETF by 64.9% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 249 shares of the company’s stock valued at $27,000 after purchasing an additional 98 shares during the period. Godfrey Financial Associates Inc. purchased a new position in First Trust Water ETF in the fourth quarter worth approximately $28,000. Evolution Wealth Management Inc. purchased a new position in First Trust Water ETF in the fourth quarter worth approximately $32,000. Ameriflex Group Inc. lifted its stake in First Trust Water ETF by 150.0% in the third quarter. Ameriflex Group Inc. now owns 340 shares of the company’s stock worth $38,000 after acquiring an additional 204 shares during the last quarter. Finally, Simplex Trading LLC purchased a new position in First Trust Water ETF in the fourth quarter worth approximately $45,000.

First Trust Water ETF Stock Up 0.7%

Shares of First Trust Water ETF stock opened at $105.50 on Friday. First Trust Water ETF has a 52-week low of $98.52 and a 52-week high of $116.30. The company has a 50 day moving average of $105.00 and a 200 day moving average of $108.65. The company has a market capitalization of $1.80 billion, a P/E ratio of 24.17 and a beta of 1.01.

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.