Envestnet Portfolio Solutions Inc. Sells 131 Shares of First Trust Water ETF $FIW

Envestnet Portfolio Solutions Inc. decreased its holdings in First Trust Water ETF (NYSEARCA:FIW) by 1.7% during the 2nd quarter, Holdings Channel.com reports. The fund owned 7,462 shares of the company’s stock after selling 131 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in First Trust Water ETF were worth $806,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in FIW. Golden State Wealth Management LLC lifted its position in First Trust Water ETF by 116.8% in the 1st quarter. Golden State Wealth Management LLC now owns 568 shares of the company’s stock valued at $57,000 after acquiring an additional 306 shares in the last quarter. Investors Research Corp lifted its position in First Trust Water ETF by 19.9% in the 2nd quarter. Investors Research Corp now owns 705 shares of the company’s stock valued at $76,000 after acquiring an additional 117 shares in the last quarter. N.E.W. Advisory Services LLC bought a new position in First Trust Water ETF in the 1st quarter valued at about $133,000. Millstone Evans Group LLC bought a new position in First Trust Water ETF in the 1st quarter valued at about $134,000. Finally, Larson Financial Group LLC lifted its position in First Trust Water ETF by 9.1% in the 1st quarter. Larson Financial Group LLC now owns 1,359 shares of the company’s stock valued at $137,000 after acquiring an additional 113 shares in the last quarter.

First Trust Water ETF Stock Performance

Shares of NYSEARCA FIW opened at $113.45 on Monday. First Trust Water ETF has a fifty-two week low of $89.31 and a fifty-two week high of $115.58. The stock has a market cap of $1.97 billion, a price-to-earnings ratio of 24.17 and a beta of 1.01. The firm’s 50-day simple moving average is $112.83 and its 200 day simple moving average is $107.68.

About First Trust Water ETF

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.