First Trust Water ETF (NYSEARCA:FIW) Sets New 52-Week High at $102.75

First Trust Water ETF (NYSEARCA:FIW)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $102.75 and last traded at $102.36, with a volume of 6427 shares changing hands. The stock had previously closed at $101.38.

First Trust Water ETF Trading Up 1.0 %

The firm has a market cap of $1.65 billion, a price-to-earnings ratio of 31.25 and a beta of 0.97. The firm’s fifty day moving average price is $99.60 and its 200-day moving average price is $93.19.

Institutional Trading of First Trust Water ETF

A number of large investors have recently bought and sold shares of FIW. International Assets Investment Management LLC acquired a new stake in First Trust Water ETF during the 4th quarter worth $69,109,000. Global Assets Advisory LLC purchased a new position in First Trust Water ETF during the 1st quarter worth $26,891,000. National Bank of Canada FI raised its position in First Trust Water ETF by 536.3% during the 4th quarter. National Bank of Canada FI now owns 106,359 shares of the company’s stock worth $10,005,000 after buying an additional 89,643 shares during the last quarter. Stifel Financial Corp raised its position in First Trust Water ETF by 71.8% during the 4th quarter. Stifel Financial Corp now owns 170,239 shares of the company’s stock worth $16,139,000 after buying an additional 71,131 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in First Trust Water ETF by 15.8% during the 4th quarter. Wells Fargo & Company MN now owns 466,293 shares of the company’s stock worth $44,204,000 after buying an additional 63,528 shares during the last quarter.

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.