Bank of America Corp DE Has $45.81 Million Position in First Trust Water ETF (NYSEARCA:FIW)

Bank of America Corp DE boosted its holdings in shares of First Trust Water ETF (NYSEARCA:FIW) by 5.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 448,892 shares of the company’s stock after buying an additional 22,666 shares during the period. Bank of America Corp DE owned about 2.76% of First Trust Water ETF worth $45,809,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of FIW. Golden State Wealth Management LLC acquired a new stake in First Trust Water ETF during the fourth quarter worth $27,000. Strategic Financial Concepts LLC acquired a new stake in First Trust Water ETF during the fourth quarter worth $31,000. Russell Investments Group Ltd. boosted its stake in First Trust Water ETF by 1,161.3% during the fourth quarter. Russell Investments Group Ltd. now owns 391 shares of the company’s stock worth $40,000 after buying an additional 360 shares in the last quarter. Investors Research Corp boosted 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 in the last quarter. Finally, SBI Securities Co. Ltd. acquired a new stake in First Trust Water ETF during the fourth quarter worth $49,000.

First Trust Water ETF Price Performance

FIW opened at $104.46 on Thursday. The company has a market capitalization of $1.77 billion, a P/E ratio of 24.42 and a beta of 1.02. The firm’s fifty day moving average price is $99.76 and its two-hundred day moving average price is $103.62. First Trust Water ETF has a fifty-two week low of $89.31 and a fifty-two week high of $111.64.

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.