Pure Financial Advisors LLC Purchases Shares of 3,147 First Trust Water ETF (NYSEARCA:FIW)

Pure Financial Advisors LLC purchased a new stake in First Trust Water ETF (NYSEARCA:FIW) in the fourth quarter, HoldingsChannel reports. The fund purchased 3,147 shares of the company’s stock, valued at approximately $321,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. boosted its holdings in First Trust Water ETF by 1.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 186,040 shares of the company’s stock valued at $18,600,000 after purchasing an additional 1,803 shares during the period. SRS Capital Advisors Inc. raised its stake in shares of First Trust Water ETF by 29.6% in the 3rd quarter. SRS Capital Advisors Inc. now owns 168,604 shares of the company’s stock valued at $18,433,000 after buying an additional 38,490 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of First Trust Water ETF by 2.7% in the 2nd quarter. Cetera Investment Advisers now owns 113,138 shares of the company’s stock valued at $11,312,000 after buying an additional 3,015 shares in the last quarter. Ameritas Advisory Services LLC raised its stake in shares of First Trust Water ETF by 28.2% in the 4th quarter. Ameritas Advisory Services LLC now owns 92,560 shares of the company’s stock valued at $9,446,000 after buying an additional 20,374 shares in the last quarter. Finally, MML Investors Services LLC raised its stake in shares of First Trust Water ETF by 20.2% in the 3rd quarter. MML Investors Services LLC now owns 54,679 shares of the company’s stock valued at $5,978,000 after buying an additional 9,185 shares in the last quarter.

First Trust Water ETF Stock Performance

Shares of FIW stock opened at $106.74 on Wednesday. First Trust Water ETF has a 52-week low of $91.29 and a 52-week high of $111.64. The stock has a market cap of $1.73 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99. The firm has a fifty day moving average of $105.90 and a 200-day moving average of $105.92.

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.