First Trust Water ETF $FIW Shares Sold by Retirement Planning Group LLC

Retirement Planning Group LLC decreased its holdings in First Trust Water ETF (NYSEARCA:FIW) by 96.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,514 shares of the company’s stock after selling 102,150 shares during the quarter. Retirement Planning Group LLC’s holdings in First Trust Water ETF were worth $365,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Assetmark Inc. grew its stake in First Trust Water ETF by 88.0% during the 1st quarter. Assetmark Inc. now owns 344 shares of the company’s stock valued at $35,000 after purchasing an additional 161 shares in the last quarter. CX Institutional purchased a new stake in First Trust Water ETF during the 2nd quarter worth approximately $37,000. Compass Financial Management LLC purchased a new stake in First Trust Water ETF during the 2nd quarter worth approximately $43,000. Continuum Advisory LLC acquired a new position in shares of First Trust Water ETF in the 2nd quarter valued at approximately $106,000. Finally, Whittier Trust Co. of Nevada Inc. raised its position in shares of First Trust Water ETF by 167.7% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,839 shares of the company’s stock valued at $192,000 after purchasing an additional 1,152 shares in the last quarter.

First Trust Water ETF Stock Up 2.0%

Shares of FIW opened at $110.49 on Friday. The firm has a market cap of $1.80 billion, a price-to-earnings ratio of 24.17 and a beta of 0.99. The business’s 50 day moving average is $107.25 and its two-hundred day moving average is $106.96. First Trust Water ETF has a 52-week low of $98.52 and a 52-week 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.