Fifth Third Bancorp Acquires 28,485 Shares of First Trust Water ETF $FIW

Fifth Third Bancorp boosted its holdings in First Trust Water ETF (NYSEARCA:FIW) by 1,664.8% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 30,196 shares of the company’s stock after buying an additional 28,485 shares during the quarter. Fifth Third Bancorp’s holdings in First Trust Water ETF were worth $3,114,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in FIW. BIP Wealth LLC bought a new stake in shares of First Trust Water ETF in the fourth quarter worth approximately $3,329,000. Natural Investments LLC purchased a new stake in First Trust Water ETF in the fourth quarter worth approximately $551,000. Guardian Capital LLC bought a new stake in First Trust Water ETF in the 4th quarter worth approximately $1,148,000. Fifth Third Securities Inc. bought a new stake in First Trust Water ETF in the 4th quarter worth approximately $1,655,000. Finally, Legacy Edge Advisors LLC bought a new stake in First Trust Water ETF in the 4th quarter worth approximately $641,000.

First Trust Water ETF Stock Performance

Shares of FIW opened at $108.32 on Monday. The firm has a fifty day simple moving average of $105.37 and a two-hundred day simple moving average of $108.10. The firm has a market cap of $1.85 billion, a PE ratio of 24.17 and a beta of 0.99. First Trust Water ETF has a 1-year low of $98.52 and a 1-year 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.