Atria Wealth Solutions Inc. Boosts Holdings in First Trust Water ETF (NYSEARCA:FIW)

Atria Wealth Solutions Inc. boosted its stake in First Trust Water ETF (NYSEARCA:FIW) by 9.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 13,936 shares of the company’s stock after purchasing an additional 1,188 shares during the period. Atria Wealth Solutions Inc.’s holdings in First Trust Water ETF were worth $1,422,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC bought a new stake in shares of First Trust Water ETF in the 4th quarter worth approximately $27,000. Copley Financial Group Inc. bought a new stake in shares of First Trust Water ETF in the third quarter valued at $62,000. Empowered Funds LLC purchased a new position in shares of First Trust Water ETF during the 4th quarter valued at $93,000. Heck Capital Advisors LLC bought a new position in shares of First Trust Water ETF during the 4th quarter worth $112,000. Finally, Allworth Financial LP grew its stake in shares of First Trust Water ETF by 48.7% during the 4th quarter. Allworth Financial LP now owns 1,139 shares of the company’s stock worth $121,000 after acquiring an additional 373 shares during the period.

First Trust Water ETF Stock Performance

Shares of First Trust Water ETF stock opened at $103.05 on Monday. The stock has a market capitalization of $1.67 billion, a P/E ratio of 33.23 and a beta of 0.99. First Trust Water ETF has a 52-week low of $96.10 and a 52-week high of $111.64. The stock’s 50-day simple moving average is $103.96 and its 200 day simple moving average is $106.14.

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.