First Trust Water ETF $FIW Shares Acquired by Jacobi Capital Management LLC

Jacobi Capital Management LLC boosted its holdings in First Trust Water ETF (NYSEARCA:FIW) by 466.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,209 shares of the company’s stock after purchasing an additional 18,291 shares during the quarter. Jacobi Capital Management LLC’s holdings in First Trust Water ETF were worth $2,565,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in FIW. Cullen Frost Bankers Inc. bought a new position in shares of First Trust Water ETF in the 3rd quarter worth about $35,000. REAP Financial Group LLC raised its stake in First Trust Water ETF by 9.9% during the third quarter. REAP Financial Group LLC now owns 991 shares of the company’s stock worth $111,000 after acquiring an additional 89 shares during the period. Allworth Financial LP raised its stake in First Trust Water ETF by 35.1% during the second quarter. Allworth Financial LP now owns 1,539 shares of the company’s stock worth $166,000 after acquiring an additional 400 shares during the period. TD Waterhouse Canada Inc. boosted its stake in First Trust Water ETF by 14.2% in the second quarter. TD Waterhouse Canada Inc. now owns 1,605 shares of the company’s stock valued at $176,000 after acquiring an additional 200 shares during the period. Finally, Farther Finance Advisors LLC lifted its holdings in shares of First Trust Water ETF by 186.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,617 shares of the company’s stock worth $182,000 after purchasing an additional 1,053 shares during the last quarter.

First Trust Water ETF Price Performance

Shares of FIW opened at $112.22 on Wednesday. The company has a market cap of $1.94 billion, a P/E ratio of 24.17 and a beta of 1.05. The stock has a fifty day moving average price of $112.45 and a 200 day moving average price of $112.30. First Trust Water ETF has a 12 month low of $89.31 and a 12 month high of $116.30.

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. The Index is rebalanced on a semi-annual basis. The Fund will normally invest at least 90% of its assets in common stocks that comprise the Index.