Harel Insurance Investments & Financial Services Ltd. Increases Holdings in First Trust Water ETF $FIW

Harel Insurance Investments & Financial Services Ltd. lifted its holdings in shares of First Trust Water ETF (NYSEARCA:FIW) by 29.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,188 shares of the company’s stock after purchasing an additional 5,325 shares during the period. Harel Insurance Investments & Financial Services Ltd. owned about 0.14% of First Trust Water ETF worth $2,391,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FIW. Sanctuary Advisors LLC increased its holdings in First Trust Water ETF by 6.9% during the first quarter. Sanctuary Advisors LLC now owns 21,581 shares of the company’s stock worth $2,226,000 after buying an additional 1,388 shares during the last quarter. Sigma Planning Corp boosted its stake in First Trust Water ETF by 0.7% in the first quarter. Sigma Planning Corp now owns 44,579 shares of the company’s stock valued at $4,597,000 after acquiring an additional 308 shares during the last quarter. Retirement Planning Group LLC bought a new position in shares of First Trust Water ETF during the 1st quarter valued at approximately $259,000. ARQ Wealth Advisors LLC grew its position in shares of First Trust Water ETF by 19.7% during the 1st quarter. ARQ Wealth Advisors LLC now owns 8,889 shares of the company’s stock valued at $917,000 after acquiring an additional 1,464 shares during the period. Finally, Fifth Third Bancorp increased its stake in shares of First Trust Water ETF by 1,664.8% during the 1st quarter. Fifth Third Bancorp now owns 30,196 shares of the company’s stock worth $3,114,000 after purchasing an additional 28,485 shares during the last quarter.

First Trust Water ETF Stock Down 0.5%

Shares of FIW stock opened at $107.36 on Thursday. The firm has a market cap of $1.83 billion, a P/E ratio of 24.17 and a beta of 0.99. The company has a 50 day moving average of $105.25 and a 200-day moving average of $108.12. First Trust Water ETF has a 12-month low of $98.52 and a 12-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.