Stifel Financial Corp Sells 3,397 Shares of First Trust Water ETF (NYSEARCA:FIW)

Stifel Financial Corp decreased its position in First Trust Water ETF (NYSEARCA:FIW) by 1.6% during the third quarter, Holdings Channel reports. The fund owned 204,770 shares of the company’s stock after selling 3,397 shares during the period. Stifel Financial Corp’s holdings in First Trust Water ETF were worth $22,388,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. Garden State Investment Advisory Services LLC lifted its holdings in First Trust Water ETF by 13.3% in the third quarter. Garden State Investment Advisory Services LLC now owns 5,200 shares of the company’s stock valued at $569,000 after acquiring an additional 610 shares during the period. Benjamin Edwards Inc. bought a new position in First Trust Water ETF in the third quarter valued at about $4,063,000. CreativeOne Wealth LLC bought a new position in First Trust Water ETF in the third quarter valued at about $318,000. FMR LLC lifted its holdings in First Trust Water ETF by 12.2% in the third quarter. FMR LLC now owns 4,489 shares of the company’s stock valued at $491,000 after acquiring an additional 487 shares during the period. Finally, Bank of Montreal Can lifted its holdings in First Trust Water ETF by 14.5% in the third quarter. Bank of Montreal Can now owns 39,705 shares of the company’s stock valued at $4,330,000 after acquiring an additional 5,041 shares during the period.

First Trust Water ETF Stock Up 0.2 %

NYSEARCA FIW opened at $109.66 on Monday. The stock’s 50-day moving average price is $108.45 and its 200-day moving average price is $105.35. First Trust Water ETF has a 52 week low of $89.40 and a 52 week high of $111.64. The company has a market capitalization of $1.78 billion, a P/E ratio of 33.23 and a beta of 0.99.

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.