First Trust Water ETF (NYSEARCA:FIW) Shares Sold by Nilsine Partners LLC

Nilsine Partners LLC cut its holdings in shares of First Trust Water ETF (NYSEARCA:FIW) by 8.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,469 shares of the company’s stock after selling 1,143 shares during the period. Nilsine Partners LLC owned about 0.07% of First Trust Water ETF worth $1,256,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of FIW. Corrado Advisors LLC lifted its position in shares of First Trust Water ETF by 0.9% during the fourth quarter. Corrado Advisors LLC now owns 11,869 shares of the company’s stock worth $1,211,000 after purchasing an additional 103 shares during the last quarter. WMG Financial Advisors LLC lifted its position in shares of First Trust Water ETF by 1.1% during the fourth quarter. WMG Financial Advisors LLC now owns 15,387 shares of the company’s stock worth $1,570,000 after purchasing an additional 168 shares during the last quarter. Stegent Equity Advisors Inc. lifted its position in shares of First Trust Water ETF by 0.4% during the fourth quarter. Stegent Equity Advisors Inc. now owns 39,962 shares of the company’s stock worth $4,078,000 after purchasing an additional 178 shares during the last quarter. Investors Research Corp lifted its position in shares of First Trust Water ETF by 47.4% during the first quarter. Investors Research Corp now owns 588 shares of the company’s stock worth $59,000 after purchasing an additional 189 shares during the last quarter. Finally, Pacific Sun Financial Corp lifted its position in shares of First Trust Water ETF by 7.8% during the first quarter. Pacific Sun Financial Corp now owns 2,680 shares of the company’s stock worth $270,000 after purchasing an additional 195 shares during the last quarter.

First Trust Water ETF Stock Performance

Shares of FIW stock opened at $105.68 on Friday. The company’s 50-day simple moving average is $103.59 and its 200-day simple moving average is $103.13. First Trust Water ETF has a one year low of $89.31 and a one year high of $111.64. The stock has a market capitalization of $1.82 billion, a price-to-earnings ratio of 24.51 and a beta of 1.03.

First Trust Water ETF 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.