Smith Moore & CO. Acquires 266 Shares of First Trust Water ETF (NYSEARCA:FIW)

Smith Moore & CO. increased its holdings in First Trust Water ETF (NYSEARCA:FIW) by 4.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,717 shares of the company’s stock after purchasing an additional 266 shares during the period. Smith Moore & CO.’s holdings in First Trust Water ETF were worth $685,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Golden State Wealth Management LLC purchased a new stake in First Trust Water ETF during the fourth quarter valued at about $27,000. Investors Research Corp boosted its holdings in First Trust Water ETF by 116.8% during the 4th quarter. Investors Research Corp now owns 399 shares of the company’s stock valued at $41,000 after acquiring an additional 215 shares during the period. SBI Securities Co. Ltd. purchased a new position in First Trust Water ETF in the 4th quarter worth approximately $49,000. Copley Financial Group Inc. bought a new stake in First Trust Water ETF in the third quarter valued at approximately $62,000. Finally, Farther Finance Advisors LLC lifted its position in First Trust Water ETF by 73.1% in the fourth quarter. Farther Finance Advisors LLC now owns 772 shares of the company’s stock valued at $79,000 after purchasing an additional 326 shares during the last quarter.

First Trust Water ETF Stock Performance

Shares of First Trust Water ETF stock opened at $94.02 on Friday. The company’s 50 day moving average price is $102.98 and its 200-day moving average price is $105.47. First Trust Water ETF has a 52-week low of $93.79 and a 52-week high of $111.64. The stock has a market capitalization of $1.62 billion, a price-to-earnings ratio of 26.28 and a beta of 1.04.

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.