Ameritas Investment Partners Inc. Purchases 580 Shares of First Trust Water ETF $FIW

Ameritas Investment Partners Inc. lifted its position in shares of First Trust Water ETF (NYSEARCA:FIW) by 37.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,112 shares of the company’s stock after purchasing an additional 580 shares during the quarter. Ameritas Investment Partners Inc.’s holdings in First Trust Water ETF were worth $228,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. HighTower Advisors LLC raised its holdings in First Trust Water ETF by 6.6% during the 1st quarter. HighTower Advisors LLC now owns 25,998 shares of the company’s stock worth $2,618,000 after buying an additional 1,602 shares during the period. KWB Wealth acquired a new position in shares of First Trust Water ETF in the second quarter valued at approximately $255,000. Wealth Enhancement Advisory Services LLC increased its position in shares of First Trust Water ETF by 3.6% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 9,301 shares of the company’s stock worth $1,028,000 after acquiring an additional 321 shares in the last quarter. Clear Creek Financial Management LLC increased its position in shares of First Trust Water ETF by 2.0% during the second quarter. Clear Creek Financial Management LLC now owns 9,870 shares of the company’s stock worth $1,066,000 after acquiring an additional 191 shares in the last quarter. Finally, Davis Investment Partners LLC raised its holdings in shares of First Trust Water ETF by 5.3% during the second quarter. Davis Investment Partners LLC now owns 19,028 shares of the company’s stock worth $2,090,000 after acquiring an additional 953 shares during the period.

First Trust Water ETF Trading Down 0.2%

FIW opened at $112.07 on Monday. The stock has a market capitalization of $1.95 billion, a P/E ratio of 24.17 and a beta of 1.05. First Trust Water ETF has a 12 month low of $89.31 and a 12 month high of $116.16. The firm’s fifty day simple moving average is $112.06 and its 200 day simple moving average is $110.48.

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.