Principal Securities Inc. Increases Stake in First Trust Water ETF (NYSEARCA:FIW)

Principal Securities Inc. increased its position in shares of First Trust Water ETF (NYSEARCA:FIW) by 14.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,664 shares of the company’s stock after buying an additional 579 shares during the period. Principal Securities Inc.’s holdings in First Trust Water ETF were worth $476,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. SRS Capital Advisors Inc. increased its stake in shares of First Trust Water ETF by 29.6% during the third quarter. SRS Capital Advisors Inc. now owns 168,604 shares of the company’s stock valued at $18,433,000 after buying an additional 38,490 shares during the period. Ameritas Advisory Services LLC increased its stake in shares of First Trust Water ETF by 28.2% during the fourth quarter. Ameritas Advisory Services LLC now owns 92,560 shares of the company’s stock valued at $9,446,000 after buying an additional 20,374 shares during the period. Kestra Private Wealth Services LLC grew its stake in First Trust Water ETF by 8.5% in the fourth quarter. Kestra Private Wealth Services LLC now owns 66,723 shares of the company’s stock valued at $6,809,000 after purchasing an additional 5,205 shares during the last quarter. MML Investors Services LLC grew its stake in First Trust Water ETF by 20.2% in the third quarter. MML Investors Services LLC now owns 54,679 shares of the company’s stock valued at $5,978,000 after purchasing an additional 9,185 shares during the last quarter. Finally, White Pine Investment CO grew its stake in First Trust Water ETF by 1.8% in the fourth quarter. White Pine Investment CO now owns 48,518 shares of the company’s stock valued at $4,951,000 after purchasing an additional 846 shares during the last quarter.

First Trust Water ETF Price Performance

FIW opened at $103.05 on Friday. The business’s 50-day moving average is $104.05 and its two-hundred day moving average is $106.11. First Trust Water ETF has a 1 year low of $96.10 and a 1 year high of $111.64. The firm has a market capitalization of $1.67 billion, a PE ratio of 33.23 and a beta of 0.99.

First Trust Water ETF 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.