Arthur M. Cohen & Associates LLC Sells 548 Shares of First Trust Water ETF (NYSEARCA:FIW)

Arthur M. Cohen & Associates LLC decreased its position in First Trust Water ETF (NYSEARCA:FIW) by 2.4% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 22,356 shares of the company’s stock after selling 548 shares during the period. Arthur M. Cohen & Associates LLC’s holdings in First Trust Water ETF were worth $2,251,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Golden State Wealth Management LLC acquired a new stake in shares of First Trust Water ETF during the 4th quarter worth $27,000. Strategic Financial Concepts LLC bought a new stake in First Trust Water ETF during the 4th quarter worth approximately $31,000. Russell Investments Group Ltd. grew its position in shares of First Trust Water ETF by 1,161.3% in the 4th quarter. Russell Investments Group Ltd. now owns 391 shares of the company’s stock valued at $40,000 after buying an additional 360 shares during the last quarter. Investors Research Corp raised its stake in First Trust Water ETF by 116.8% during the fourth quarter. Investors Research Corp now owns 399 shares of the company’s stock worth $41,000 after buying an additional 215 shares during the last quarter. Finally, SBI Securities Co. Ltd. bought a new stake in First Trust Water ETF in the fourth quarter worth approximately $49,000.

First Trust Water ETF Stock Down 0.3%

Shares of NYSEARCA:FIW opened at $106.96 on Thursday. The stock’s 50 day moving average is $101.08 and its 200-day moving average is $103.40. First Trust Water ETF has a twelve month low of $89.31 and a twelve month high of $111.64. The firm has a market capitalization of $1.84 billion, a price-to-earnings ratio of 26.01 and a beta of 1.04.

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.