First Trust Water ETF (NYSEARCA:FIW) Shares Bought by KFG Wealth Management LLC

KFG Wealth Management LLC boosted its stake in shares of First Trust Water ETF (NYSEARCA:FIW) by 22.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,976 shares of the company’s stock after purchasing an additional 537 shares during the period. KFG Wealth Management LLC’s holdings in First Trust Water ETF were worth $282,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FIW. Provence Wealth Management Group acquired a new stake in shares of First Trust Water ETF during the 3rd quarter valued at about $28,000. Tyler Stone Wealth Management purchased a new position in First Trust Water ETF in the 2nd quarter valued at about $29,000. ICA Group Wealth Management LLC purchased a new position in First Trust Water ETF in the 4th quarter worth approximately $32,000. Legacy Financial Group LLC purchased a new position in First Trust Water ETF in the 3rd quarter worth approximately $37,000. Finally, Impact Partnership Wealth LLC purchased a new position in First Trust Water ETF in the 3rd quarter worth approximately $42,000.

First Trust Water ETF Price Performance

Shares of FIW stock traded up $0.14 during trading on Friday, hitting $97.45. 27,202 shares of the stock traded hands, compared to its average volume of 40,438. The firm has a market capitalization of $1.56 billion, a P/E ratio of 28.67 and a beta of 1.01. The firm’s fifty day moving average price is $98.83 and its 200-day moving average price is $91.77. First Trust Water ETF has a 52-week low of $77.11 and a 52-week high of $102.55.

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.