First Trust Water ETF (NYSEARCA:FIW) Stake Lowered by D.A. Davidson & CO.

D.A. Davidson & CO. reduced its stake in shares of First Trust Water ETF (NYSEARCA:FIW) by 77.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,362 shares of the company’s stock after selling 57,737 shares during the period. D.A. Davidson & CO. owned 0.10% of First Trust Water ETF worth $1,670,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Apeiron RIA LLC grew its holdings in shares of First Trust Water ETF by 1.5% during the 4th quarter. Apeiron RIA LLC now owns 6,540 shares of the company’s stock valued at $667,000 after acquiring an additional 96 shares in the last quarter. Kingsview Wealth Management LLC grew its holdings in shares of First Trust Water ETF by 2.0% during the 4th quarter. Kingsview Wealth Management LLC now owns 5,061 shares of the company’s stock valued at $516,000 after acquiring an additional 98 shares in the last quarter. TD Private Client Wealth LLC grew its holdings in shares of First Trust Water ETF by 6.3% during the 3rd quarter. TD Private Client Wealth LLC now owns 1,680 shares of the company’s stock valued at $184,000 after acquiring an additional 99 shares in the last quarter. Prospect Financial Services LLC lifted its stake in shares of First Trust Water ETF by 4.2% in the 4th quarter. Prospect Financial Services LLC now owns 2,783 shares of the company’s stock valued at $284,000 after purchasing an additional 111 shares during the last quarter. Finally, Walkner Condon Financial Advisors LLC lifted its stake in shares of First Trust Water ETF by 2.6% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 4,652 shares of the company’s stock valued at $475,000 after purchasing an additional 119 shares during the last quarter.

First Trust Water ETF Trading Down 1.2 %

FIW stock opened at $103.05 on Friday. First Trust Water ETF has a 1 year low of $96.10 and a 1 year high of $111.64. The company has a fifty day simple moving average of $103.96 and a 200 day simple moving average of $106.12. The firm has a market cap of $1.67 billion, a PE ratio of 33.23 and a beta of 0.99.

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.