Stonebridge Financial Planning Group LLC Sells 849 Shares of First Trust Water ETF (NYSEARCA:FIW)

Stonebridge Financial Planning Group LLC lessened its holdings in First Trust Water ETF (NYSEARCA:FIW) by 4.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,449 shares of the company’s stock after selling 849 shares during the period. First Trust Water ETF makes up 1.1% of Stonebridge Financial Planning Group LLC’s portfolio, making the stock its 24th biggest position. Stonebridge Financial Planning Group LLC’s holdings in First Trust Water ETF were worth $1,939,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in FIW. U.S. Capital Wealth Advisors LLC boosted its stake in First Trust Water ETF by 3.0% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 11,050 shares of the company’s stock valued at $914,000 after buying an additional 320 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in First Trust Water ETF by 2.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 273,544 shares of the company’s stock valued at $22,636,000 after purchasing an additional 6,123 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in First Trust Water ETF by 2.5% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 84,987 shares of the company’s stock worth $7,033,000 after buying an additional 2,110 shares during the last quarter. Raymond James & Associates raised its stake in shares of First Trust Water ETF by 1.1% in the third quarter. Raymond James & Associates now owns 91,160 shares of the company’s stock valued at $7,543,000 after acquiring an additional 970 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in shares of First Trust Water ETF by 0.7% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 130,041 shares of the company’s stock worth $10,761,000 after acquiring an additional 877 shares in the last quarter.

First Trust Water ETF Stock Down 1.3 %

FIW stock traded down $1.35 during midday trading on Tuesday, reaching $99.10. 29,632 shares of the company’s stock traded hands, compared to its average volume of 39,863. The company has a market cap of $1.60 billion, a price-to-earnings ratio of 31.25 and a beta of 0.97. The company has a 50-day simple moving average of $99.28 and a two-hundred day simple moving average of $92.75. First Trust Water ETF has a 1-year low of $77.11 and a 1-year 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.