Farther Finance Advisors LLC Decreases Stock Holdings in First Trust Water ETF $FIW

Farther Finance Advisors LLC trimmed its position in First Trust Water ETF (NYSEARCA:FIW) by 14.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 564 shares of the company’s stock after selling 94 shares during the quarter. Farther Finance Advisors LLC’s holdings in First Trust Water ETF were worth $61,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Larson Financial Group LLC increased its stake in shares of First Trust Water ETF by 9.1% in the first quarter. Larson Financial Group LLC now owns 1,359 shares of the company’s stock worth $137,000 after buying an additional 113 shares during the period. Wedbush Securities Inc. increased its stake in shares of First Trust Water ETF by 2.1% in the first quarter. Wedbush Securities Inc. now owns 5,557 shares of the company’s stock worth $560,000 after buying an additional 116 shares during the period. Investors Research Corp increased its stake in shares of First Trust Water ETF by 19.9% in the second quarter. Investors Research Corp now owns 705 shares of the company’s stock worth $76,000 after buying an additional 117 shares during the period. Pacific Sun Financial Corp increased its position in First Trust Water ETF by 7.8% during the 1st quarter. Pacific Sun Financial Corp now owns 2,680 shares of the company’s stock valued at $270,000 after purchasing an additional 195 shares during the period. Finally, CreativeOne Wealth LLC increased its position in First Trust Water ETF by 7.4% during the 1st quarter. CreativeOne Wealth LLC now owns 3,071 shares of the company’s stock valued at $309,000 after purchasing an additional 212 shares during the period.

First Trust Water ETF Trading Up 0.5%

Shares of First Trust Water ETF stock opened at $113.81 on Monday. The company’s fifty day simple moving average is $112.19 and its two-hundred day simple moving average is $106.83. The company has a market cap of $1.96 billion, a P/E ratio of 24.17 and a beta of 1.01. First Trust Water ETF has a 12-month low of $89.31 and a 12-month high of $115.58.

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.