First Trust Water ETF $FIW Shares Acquired by Global Retirement Partners LLC

Global Retirement Partners LLC lifted its stake in First Trust Water ETF (NYSEARCA:FIW) by 171.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,103 shares of the company’s stock after buying an additional 11,431 shares during the quarter. Global Retirement Partners LLC owned approximately 0.10% of First Trust Water ETF worth $1,967,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cullen Frost Bankers Inc. acquired a new stake in First Trust Water ETF during the third quarter worth about $35,000. Ameriflex Group Inc. grew its holdings in First Trust Water ETF by 150.0% during the third quarter. Ameriflex Group Inc. now owns 340 shares of the company’s stock worth $38,000 after acquiring an additional 204 shares during the period. Newbridge Financial Services Group Inc. grew its holdings in First Trust Water ETF by 3,635.7% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 523 shares of the company’s stock worth $57,000 after acquiring an additional 509 shares during the period. IFP Advisors Inc grew its holdings in First Trust Water ETF by 17.7% during the fourth quarter. IFP Advisors Inc now owns 731 shares of the company’s stock worth $79,000 after acquiring an additional 110 shares during the period. Finally, Elevated Capital Advisors LLC acquired a new stake in First Trust Water ETF during the fourth quarter worth about $90,000.

First Trust Water ETF Stock Up 0.9%

First Trust Water ETF stock opened at $102.23 on Friday. First Trust Water ETF has a 52 week low of $98.52 and a 52 week high of $116.30. The business’s 50-day moving average price is $104.76 and its 200 day moving average price is $109.32. The firm has a market cap of $1.75 billion, a price-to-earnings ratio of 24.17 and a beta of 1.03.

About First Trust Water ETF

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.