SRS Capital Advisors Inc. Purchases 7,083 Shares of First Trust Water ETF (NYSEARCA:FIW)

SRS Capital Advisors Inc. increased its position in First Trust Water ETF (NYSEARCA:FIW) by 5.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 129,056 shares of the company’s stock after purchasing an additional 7,083 shares during the period. First Trust Water ETF accounts for 1.4% of SRS Capital Advisors Inc.’s portfolio, making the stock its 26th biggest position. SRS Capital Advisors Inc. owned approximately 0.81% of First Trust Water ETF worth $12,234,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Seaview Investment Managers LLC grew its position in shares of First Trust Water ETF by 2.5% in the 4th quarter. Seaview Investment Managers LLC now owns 24,226 shares of the company’s stock worth $2,297,000 after buying an additional 581 shares during the period. Brandywine Oak Private Wealth LLC bought a new position in shares of First Trust Water ETF during the fourth quarter valued at approximately $224,000. Stegent Equity Advisors Inc. lifted its holdings in shares of First Trust Water ETF by 179.1% during the fourth quarter. Stegent Equity Advisors Inc. now owns 37,750 shares of the company’s stock valued at $3,579,000 after purchasing an additional 24,224 shares during the last quarter. Cozad Asset Management Inc. lifted its holdings in shares of First Trust Water ETF by 1.8% during the fourth quarter. Cozad Asset Management Inc. now owns 13,998 shares of the company’s stock valued at $1,327,000 after purchasing an additional 245 shares during the last quarter. Finally, Raab & Moskowitz Asset Management LLC grew its stake in shares of First Trust Water ETF by 0.8% in the 4th quarter. Raab & Moskowitz Asset Management LLC now owns 33,256 shares of the company’s stock worth $3,153,000 after buying an additional 270 shares during the last quarter.

First Trust Water ETF Price Performance

FIW stock traded up $1.43 on Thursday, reaching $100.91. 20,033 shares of the company traded hands, compared to its average volume of 40,148. The firm has a fifty day simple moving average of $99.40 and a 200-day simple moving average of $92.92. The company has a market cap of $1.63 billion, a P/E ratio of 31.25 and a beta of 0.97. First Trust Water ETF has a one year low of $77.11 and a one year high of $102.55.

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.