Harbour Investments Inc. Has $1.10 Million Stock Position in First Trust Water ETF (NYSEARCA:FIW)

Harbour Investments Inc. grew its position in First Trust Water ETF (NYSEARCA:FIW) by 6.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 10,743 shares of the company’s stock after purchasing an additional 664 shares during the period. Harbour Investments Inc.’s holdings in First Trust Water ETF were worth $1,096,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in FIW. Golden State Wealth Management LLC bought a new position in First Trust Water ETF during the fourth quarter worth about $27,000. Strategic Financial Concepts LLC bought a new stake in shares of First Trust Water ETF in the fourth quarter valued at about $31,000. Investors Research Corp lifted its holdings in shares of First Trust Water ETF by 116.8% in the fourth quarter. Investors Research Corp now owns 399 shares of the company’s stock valued at $41,000 after purchasing an additional 215 shares in the last quarter. SBI Securities Co. Ltd. bought a new stake in First Trust Water ETF during the fourth quarter worth about $49,000. Finally, Copley Financial Group Inc. bought a new stake in First Trust Water ETF during the third quarter worth about $62,000.

First Trust Water ETF Stock Down 0.4 %

Shares of NYSEARCA FIW opened at $102.01 on Wednesday. The business’s 50 day moving average price is $103.87 and its two-hundred day moving average price is $105.83. The company has a market cap of $1.75 billion, a PE ratio of 25.44 and a beta of 1.04. First Trust Water ETF has a twelve month low of $96.29 and a twelve month 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.