Dynamic Advisor Solutions LLC Makes New Investment in First Trust Water ETF $FIW

Dynamic Advisor Solutions LLC purchased a new stake in shares of First Trust Water ETF (NYSEARCA:FIW) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 5,155 shares of the company’s stock, valued at approximately $560,000.

Several other large investors have also recently made changes to their positions in the business. KWB Wealth lifted 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 acquiring an additional 89 shares during the last quarter. REAP Financial Group LLC grew its holdings in shares of First Trust Water ETF by 9.9% during the 3rd quarter. REAP Financial Group LLC now owns 991 shares of the company’s stock valued at $111,000 after purchasing an additional 89 shares during the last quarter. Princeton Global Asset Management LLC raised its position in First Trust Water ETF by 3.3% in the 3rd quarter. Princeton Global Asset Management LLC now owns 3,440 shares of the company’s stock worth $386,000 after purchasing an additional 109 shares during the period. Element Wealth LLC raised its position in First Trust Water ETF by 0.9% in the 3rd quarter. Element Wealth LLC now owns 13,192 shares of the company’s stock worth $1,482,000 after purchasing an additional 120 shares during the period. Finally, Ipsen Advisor Group LLC lifted its stake in First Trust Water ETF by 1.0% in the third quarter. Ipsen Advisor Group LLC now owns 11,750 shares of the company’s stock worth $1,320,000 after purchasing an additional 120 shares during the last quarter.

First Trust Water ETF Stock Down 1.5%

First Trust Water ETF stock opened at $102.66 on Friday. The firm has a fifty day simple moving average of $110.91 and a two-hundred day simple moving average of $111.43. First Trust Water ETF has a twelve month low of $89.31 and a twelve month high of $116.30. The company has a market capitalization of $1.78 billion, a PE ratio of 24.17 and a beta of 1.05.

First Trust Water ETF 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.