First Trust Water ETF $FIW Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its holdings in First Trust Water ETF (NYSEARCA:FIW) by 7.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 214,141 shares of the company’s stock after acquiring an additional 14,978 shares during the quarter. Envestnet Asset Management Inc. owned 1.23% of First Trust Water ETF worth $24,059,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. KWB Wealth raised its holdings in shares of First Trust Water ETF by 3.5% in the 3rd quarter. KWB Wealth now owns 2,617 shares of the company’s stock worth $283,000 after purchasing an additional 89 shares in the last quarter. Princeton Global Asset Management LLC grew its position in First Trust Water ETF by 3.3% in the third quarter. Princeton Global Asset Management LLC now owns 3,440 shares of the company’s stock worth $386,000 after buying an additional 109 shares during the last quarter. Moors & Cabot Inc. increased its holdings in shares of First Trust Water ETF by 0.7% in the second quarter. Moors & Cabot Inc. now owns 17,794 shares of the company’s stock valued at $1,921,000 after buying an additional 116 shares in the last quarter. Element Wealth LLC lifted its position in shares of First Trust Water ETF by 0.9% during the 3rd quarter. Element Wealth LLC now owns 13,192 shares of the company’s stock valued at $1,482,000 after acquiring an additional 120 shares during the last quarter. Finally, Eagle Strategies LLC lifted its position in shares of First Trust Water ETF by 0.8% during the 3rd quarter. Eagle Strategies LLC now owns 15,899 shares of the company’s stock valued at $1,786,000 after acquiring an additional 124 shares during the last quarter.

First Trust Water ETF Stock Up 0.3%

Shares of NYSEARCA FIW opened at $113.05 on Friday. The stock’s fifty day simple moving average is $112.30 and its 200 day simple moving average is $112.20. The stock has a market capitalization of $1.96 billion, a price-to-earnings ratio of 24.17 and a beta of 1.05. First Trust Water ETF has a 52-week low of $89.31 and a 52-week high of $116.30.

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.