Copley Financial Group Inc. Buys Shares of 568 First Trust Water ETF (NYSEARCA:FIW)

Copley Financial Group Inc. purchased a new stake in First Trust Water ETF (NYSEARCA:FIW) during the third quarter, according to its most recent filing with the SEC. The firm purchased 568 shares of the company’s stock, valued at approximately $62,000.

Several other hedge funds and other institutional investors have also bought and sold shares of FIW. Envestnet Portfolio Solutions Inc. raised its holdings in First Trust Water ETF by 45.0% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,999 shares of the company’s stock worth $400,000 after acquiring an additional 1,242 shares in the last quarter. KFG Wealth Management LLC grew its stake in shares of First Trust Water ETF by 7.0% in the second quarter. KFG Wealth Management LLC now owns 3,723 shares of the company’s stock valued at $372,000 after acquiring an additional 243 shares in the last quarter. Western Wealth Management LLC raised its stake in First Trust Water ETF by 6.1% in the second quarter. Western Wealth Management LLC now owns 7,579 shares of the company’s stock valued at $758,000 after purchasing an additional 437 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of First Trust Water ETF by 3.1% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 111,240 shares of the company’s stock valued at $11,122,000 after purchasing an additional 3,378 shares in the last quarter. Finally, Private Advisory Group LLC bought a new stake in First Trust Water ETF during the 2nd quarter worth approximately $1,380,000.

First Trust Water ETF Price Performance

Shares of FIW traded down $0.87 during trading hours on Friday, hitting $107.29. 5,735 shares of the stock were exchanged, compared to its average volume of 40,079. The firm has a market capitalization of $1.74 billion, a P/E ratio of 33.23 and a beta of 0.99. The business has a 50-day moving average of $108.52 and a 200-day moving average of $105.46. First Trust Water ETF has a fifty-two week low of $90.63 and a fifty-two week high of $111.64.

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.