LPL Financial LLC Purchases 82,173 Shares of First Trust Water ETF (NYSEARCA:FIW)

LPL Financial LLC raised its position in First Trust Water ETF (NYSEARCA:FIW) by 11.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 812,862 shares of the company’s stock after purchasing an additional 82,173 shares during the period. LPL Financial LLC owned approximately 0.05% of First Trust Water ETF worth $82,953,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of FIW. Golden State Wealth Management LLC purchased a new stake in shares of First Trust Water ETF in the fourth quarter worth approximately $27,000. Investors Research Corp grew its position in First Trust Water ETF by 116.8% in the 4th quarter. Investors Research Corp now owns 399 shares of the company’s stock valued at $41,000 after acquiring an additional 215 shares during the last quarter. SBI Securities Co. Ltd. purchased a new stake in First Trust Water ETF in the fourth quarter worth $49,000. Copley Financial Group Inc. bought a new stake in shares of First Trust Water ETF during the third quarter worth $62,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of First Trust Water ETF by 73.1% during the fourth quarter. Farther Finance Advisors LLC now owns 772 shares of the company’s stock valued at $79,000 after purchasing an additional 326 shares during the period.

First Trust Water ETF Trading Down 0.1 %

NYSEARCA FIW opened at $101.50 on Wednesday. The stock has a market cap of $1.75 billion, a PE ratio of 26.28 and a beta of 1.04. First Trust Water ETF has a 12 month low of $96.29 and a 12 month high of $111.64. The company’s 50-day moving average price is $103.86 and its 200-day moving average price is $105.73.

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.