5,155 Shares in First Trust Water ETF $FIW Acquired by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC purchased a new position in First Trust Water ETF (NYSEARCA:FIW) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 5,155 shares of the company’s stock, valued at approximately $560,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cullen Frost Bankers Inc. purchased a new stake in shares of First Trust Water ETF during the third quarter valued at approximately $35,000. Ameriflex Group Inc. grew its holdings in shares of First Trust Water ETF by 150.0% in the third quarter. Ameriflex Group Inc. now owns 340 shares of the company’s stock worth $38,000 after purchasing an additional 204 shares during the last quarter. REAP Financial Group LLC increased its stake in shares of First Trust Water ETF by 9.9% in the third quarter. REAP Financial Group LLC now owns 991 shares of the company’s stock worth $111,000 after buying an additional 89 shares during the period. Farther Finance Advisors LLC increased its stake in shares of First Trust Water ETF by 186.7% in the third quarter. Farther Finance Advisors LLC now owns 1,617 shares of the company’s stock worth $182,000 after buying an additional 1,053 shares during the period. Finally, Fifth Third Bancorp raised its holdings in First Trust Water ETF by 8.6% during the 3rd quarter. Fifth Third Bancorp now owns 1,711 shares of the company’s stock valued at $192,000 after buying an additional 135 shares during the last quarter.

First Trust Water ETF Stock Down 1.5%

Shares of FIW opened at $102.66 on Friday. The stock has a market capitalization of $1.78 billion, a P/E ratio of 24.17 and a beta of 1.05. The firm has a fifty day simple moving average of $110.91 and a two-hundred day simple moving average of $111.43. First Trust Water ETF has a twelve month low of $89.31 and a twelve month high of $116.30.

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.