M Holdings Securities Inc. Buys 897 Shares of First Trust Water ETF (NYSEARCA:FIW)

M Holdings Securities Inc. lifted its stake in First Trust Water ETF (NYSEARCA:FIW) by 3.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,796 shares of the company’s stock after purchasing an additional 897 shares during the quarter. M Holdings Securities Inc.’s holdings in First Trust Water ETF were worth $2,711,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Rothschild Investment LLC bought a new position in First Trust Water ETF in the 2nd quarter valued at approximately $30,000. Strategic Financial Concepts LLC bought a new position in shares of First Trust Water ETF during the second quarter valued at $32,000. Values First Advisors Inc. purchased a new stake in shares of First Trust Water ETF during the third quarter valued at $52,000. Larson Financial Group LLC increased its holdings in First Trust Water ETF by 597.1% in the 2nd quarter. Larson Financial Group LLC now owns 1,185 shares of the company’s stock worth $119,000 after buying an additional 1,015 shares in the last quarter. Finally, Financial Perspectives Inc raised its position in First Trust Water ETF by 21.2% in the 2nd quarter. Financial Perspectives Inc now owns 1,374 shares of the company’s stock worth $137,000 after buying an additional 240 shares during the last quarter.

First Trust Water ETF Stock Performance

FIW opened at $109.48 on Friday. The company’s 50-day simple moving average is $107.96 and its two-hundred day simple moving average is $105.06. The stock has a market capitalization of $1.78 billion, a P/E ratio of 33.23 and a beta of 0.99. First Trust Water ETF has a 52-week low of $86.71 and a 52-week 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.