First Trust Water ETF $FIW Shares Bought by Florin Court Capital LLP

Florin Court Capital LLP raised its holdings in First Trust Water ETF (NYSEARCA:FIW) by 124.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,717 shares of the company’s stock after purchasing an additional 12,578 shares during the period. First Trust Water ETF accounts for approximately 2.0% of Florin Court Capital LLP’s portfolio, making the stock its 19th largest holding. Florin Court Capital LLP owned approximately 0.13% of First Trust Water ETF worth $2,552,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Fortitude Financial LLC purchased a new stake in First Trust Water ETF in the 2nd quarter valued at approximately $5,099,000. Modern Wealth Management LLC purchased a new stake in shares of First Trust Water ETF in the second quarter valued at $4,676,000. Osaic Holdings Inc. boosted its stake in shares of First Trust Water ETF by 31.5% during the second quarter. Osaic Holdings Inc. now owns 97,421 shares of the company’s stock valued at $10,526,000 after acquiring an additional 23,337 shares during the last quarter. Bank of America Corp DE increased its position in First Trust Water ETF by 5.1% during the 2nd quarter. Bank of America Corp DE now owns 469,117 shares of the company’s stock worth $50,655,000 after purchasing an additional 22,581 shares in the last quarter. Finally, Trilogy Capital Inc. acquired a new position in First Trust Water ETF in the 3rd quarter valued at about $2,136,000.

First Trust Water ETF Price Performance

First Trust Water ETF stock opened at $114.17 on Wednesday. First Trust Water ETF has a 12-month low of $89.31 and a 12-month high of $116.30. The stock has a market capitalization of $1.96 billion, a P/E ratio of 24.17 and a beta of 1.05. The firm’s 50-day moving average is $111.52 and its two-hundred day moving average is $111.81.

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.