Ameritas Advisory Services LLC Has $297,000 Stake in First Trust Water ETF $FIW

Ameritas Advisory Services LLC trimmed its position in First Trust Water ETF (NYSEARCA:FIW) by 97.8% during the third quarter, HoldingsChannel.com reports. The firm owned 2,643 shares of the company’s stock after selling 117,061 shares during the quarter. Ameritas Advisory Services LLC’s holdings in First Trust Water ETF were worth $297,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of FIW. KWB Wealth raised its position in First Trust Water ETF by 3.5% in the 3rd quarter. KWB Wealth now owns 2,617 shares of the company’s stock valued at $283,000 after buying an additional 89 shares during the last quarter. REAP Financial Group LLC grew its stake in shares of First Trust Water ETF by 9.9% during the 3rd quarter. REAP Financial Group LLC now owns 991 shares of the company’s stock worth $111,000 after acquiring an additional 89 shares in the last quarter. Princeton Global Asset Management LLC grew its stake in shares of First Trust Water ETF by 3.3% during the 3rd quarter. Princeton Global Asset Management LLC now owns 3,440 shares of the company’s stock worth $386,000 after acquiring an additional 109 shares in the last quarter. Moors & Cabot Inc. raised its holdings in shares of First Trust Water ETF by 0.7% in the second quarter. Moors & Cabot Inc. now owns 17,794 shares of the company’s stock valued at $1,921,000 after purchasing an additional 116 shares during the last quarter. Finally, Element Wealth LLC raised its holdings in shares of First Trust Water ETF by 0.9% in the third quarter. Element Wealth LLC now owns 13,192 shares of the company’s stock valued at $1,482,000 after purchasing an additional 120 shares during the last quarter.

First Trust Water ETF Trading Up 0.3%

Shares of FIW opened at $113.05 on Tuesday. First Trust Water ETF has a 12 month low of $89.31 and a 12 month high of $116.30. The firm has a fifty day simple moving average of $112.37 and a 200 day simple moving average of $112.27. The stock has a market capitalization of $1.96 billion, a price-to-earnings ratio of 24.17 and a beta of 1.05.

First Trust Water ETF Company 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.