Guardian Capital LLC Buys Shares of 10,569 First Trust Water ETF $FIW

Guardian Capital LLC bought a new stake in shares of First Trust Water ETF (NYSEARCA:FIW) during the fourth quarter, Holdings Channel reports. The fund bought 10,569 shares of the company’s stock, valued at approximately $1,148,000.

A number of other institutional investors have also added to or reduced their stakes in the business. WealthPlan Investment Management LLC purchased a new position in First Trust Water ETF during the 4th quarter valued at about $421,000. Northwestern Mutual Wealth Management Co. increased its position in First Trust Water ETF by 61.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 58,991 shares of the company’s stock valued at $6,409,000 after purchasing an additional 22,492 shares during the period. Cornerstone Wealth Management LLC increased its position in First Trust Water ETF by 8.8% during the 4th quarter. Cornerstone Wealth Management LLC now owns 18,644 shares of the company’s stock valued at $2,025,000 after purchasing an additional 1,505 shares during the period. Western Wealth Management LLC increased its position in First Trust Water ETF by 51.5% during the 4th quarter. Western Wealth Management LLC now owns 10,844 shares of the company’s stock valued at $1,178,000 after purchasing an additional 3,685 shares during the period. Finally, Stonebridge Financial Planning Group LLC increased its position in First Trust Water ETF by 3.0% during the 4th quarter. Stonebridge Financial Planning Group LLC now owns 18,153 shares of the company’s stock valued at $1,972,000 after purchasing an additional 526 shares during the period.

First Trust Water ETF Stock Performance

NYSEARCA FIW opened at $100.17 on Friday. The company has a market capitalization of $1.71 billion, a price-to-earnings ratio of 24.17 and a beta of 1.03. The company’s 50-day simple moving average is $105.44 and its two-hundred day simple moving average is $109.73. First Trust Water ETF has a one year low of $100.16 and a one 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.