Truist Financial Corp Reduces Holdings in First Trust Water ETF $FIW

Truist Financial Corp decreased its holdings in shares of First Trust Water ETF (NYSEARCA:FIW) by 1.9% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 104,676 shares of the company’s stock after selling 2,078 shares during the period. Truist Financial Corp’s holdings in First Trust Water ETF were worth $11,303,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Perkins Coie Trust Co purchased a new stake in shares of First Trust Water ETF during the first quarter worth about $35,000. PFS Partners LLC grew its stake in shares of First Trust Water ETF by 369.5% during the first quarter. PFS Partners LLC now owns 446 shares of the company’s stock worth $45,000 after acquiring an additional 351 shares during the last quarter. Golden State Wealth Management LLC grew its stake in shares of First Trust Water ETF by 116.8% during the first quarter. Golden State Wealth Management LLC now owns 568 shares of the company’s stock worth $57,000 after acquiring an additional 306 shares during the last quarter. Investors Research Corp grew its stake in shares of First Trust Water ETF by 19.9% during the second quarter. Investors Research Corp now owns 705 shares of the company’s stock worth $76,000 after acquiring an additional 117 shares during the last quarter. Finally, N.E.W. Advisory Services LLC purchased a new stake in shares of First Trust Water ETF during the first quarter worth about $133,000.

First Trust Water ETF Stock Up 0.5%

Shares of NYSEARCA FIW opened at $113.81 on Friday. The business’s 50 day moving average price is $112.19 and its 200 day moving average price is $106.79. The firm has a market cap of $1.96 billion, a P/E ratio of 24.17 and a beta of 1.01. First Trust Water ETF has a 52 week low of $89.31 and a 52 week high of $115.58.

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.