First Trust Water ETF $FIW Shares Sold by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC decreased its position in shares of First Trust Water ETF (NYSEARCA:FIW) by 97.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,643 shares of the company’s stock after selling 117,061 shares during the period. Ameritas Advisory Services LLC’s holdings in First Trust Water ETF were worth $297,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in FIW. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in First Trust Water ETF by 140.2% in the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 12,670 shares of the company’s stock worth $1,423,000 after purchasing an additional 7,395 shares during the period. CreativeOne Wealth LLC lifted its position in shares of First Trust Water ETF by 56.9% in the 2nd quarter. CreativeOne Wealth LLC now owns 4,819 shares of the company’s stock worth $520,000 after buying an additional 1,748 shares during the last quarter. Fortitude Financial LLC acquired a new position in shares of First Trust Water ETF in the 2nd quarter valued at about $5,099,000. Silver Oak Securities Incorporated grew its position in shares of First Trust Water ETF by 191.4% during the 3rd quarter. Silver Oak Securities Incorporated now owns 7,244 shares of the company’s stock valued at $814,000 after buying an additional 4,758 shares during the last quarter. Finally, Florin Court Capital LLP raised its stake in First Trust Water ETF by 124.1% during the third quarter. Florin Court Capital LLP now owns 22,717 shares of the company’s stock worth $2,552,000 after acquiring an additional 12,578 shares during the period.

First Trust Water ETF Stock Up 0.3%

Shares of FIW stock opened at $113.05 on Tuesday. The company has a market cap of $1.96 billion, a P/E ratio of 24.17 and a beta of 1.05. The business has a 50 day moving average of $112.37 and a two-hundred day moving average of $112.27. 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.