Wealthcare Advisory Partners LLC Boosts Stock Position in First Trust Water ETF $FIW

Wealthcare Advisory Partners LLC boosted its stake in shares of First Trust Water ETF (NYSEARCA:FIW) by 16.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 64,351 shares of the company’s stock after acquiring an additional 9,037 shares during the quarter. Wealthcare Advisory Partners LLC owned about 0.38% of First Trust Water ETF worth $7,048,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. O Shaughnessy Asset Management LLC raised its stake in shares of First Trust Water ETF by 64.9% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 249 shares of the company’s stock worth $27,000 after purchasing an additional 98 shares during the last quarter. Godfrey Financial Associates Inc. purchased a new position in First Trust Water ETF in the 4th quarter valued at $28,000. Evolution Wealth Management Inc. purchased a new position in First Trust Water ETF in the 4th quarter valued at $32,000. Assetmark Inc. grew its position in First Trust Water ETF by 88.0% in the 1st quarter. Assetmark Inc. now owns 344 shares of the company’s stock valued at $35,000 after buying an additional 161 shares during the last quarter. Finally, CX Institutional acquired a new position in First Trust Water ETF in the 2nd quarter valued at $37,000.

First Trust Water ETF Stock Performance

Shares of FIW opened at $113.15 on Wednesday. The stock has a market capitalization of $1.93 billion, a P/E 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 company’s fifty day moving average is $107.93 and its two-hundred day moving average is $107.77.

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.