6,145 Shares of First Trust Water ETF $FIW Bought by Wedbush Securities Inc.

Wedbush Securities Inc. acquired a new stake in shares of First Trust Water ETF (NYSEARCA:FIW) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 6,145 shares of the company’s stock, valued at approximately $638,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BIP Wealth LLC increased its stake in shares of First Trust Water ETF by 4.1% during the 3rd quarter. BIP Wealth LLC now owns 51,295 shares of the company’s stock worth $5,323,000 after purchasing an additional 2,031 shares during the last quarter. Eagle Strategies LLC lifted its stake in shares of First Trust Water ETF by 2.6% in the 3rd quarter. Eagle Strategies LLC now owns 18,728 shares of the company’s stock valued at $1,944,000 after purchasing an additional 478 shares during the last quarter. KFG Wealth Management LLC lifted its stake in shares of First Trust Water ETF by 9.3% in the 3rd quarter. KFG Wealth Management LLC now owns 7,274 shares of the company’s stock valued at $755,000 after purchasing an additional 620 shares during the last quarter. White Pine Investment CO lifted its stake in shares of First Trust Water ETF by 1.0% in the 3rd quarter. White Pine Investment CO now owns 49,788 shares of the company’s stock valued at $5,167,000 after purchasing an additional 474 shares during the last quarter. Finally, Tempus Wealth Planning LLC lifted its stake in shares of First Trust Water ETF by 5.0% in the 3rd quarter. Tempus Wealth Planning LLC now owns 2,497 shares of the company’s stock valued at $259,000 after purchasing an additional 119 shares during the last quarter.

First Trust Water ETF Trading Up 0.0%

Shares of NYSEARCA:FIW opened at $110.14 on Tuesday. The stock has a market capitalization of $1.80 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. The firm has a fifty day moving average price of $107.27 and a 200 day moving average price of $108.05.

About First Trust Water ETF

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.