Farther Finance Advisors LLC Has $79,000 Holdings in First Trust Water ETF (NYSEARCA:FIW)

Farther Finance Advisors LLC lifted its holdings in First Trust Water ETF (NYSEARCA:FIW) by 73.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 772 shares of the company’s stock after purchasing an additional 326 shares during the period. Farther Finance Advisors LLC’s holdings in First Trust Water ETF were worth $79,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Golden State Wealth Management LLC bought a new position in shares of First Trust Water ETF during the 4th quarter worth about $27,000. Strategic Financial Concepts LLC bought a new position in shares of First Trust Water ETF during the 4th quarter worth about $31,000. Investors Research Corp increased its holdings in shares of First Trust Water ETF by 116.8% during the 4th quarter. Investors Research Corp now owns 399 shares of the company’s stock worth $41,000 after purchasing an additional 215 shares during the period. SBI Securities Co. Ltd. bought a new position in shares of First Trust Water ETF during the 4th quarter worth about $49,000. Finally, Copley Financial Group Inc. bought a new position in shares of First Trust Water ETF during the 3rd quarter worth about $62,000.

First Trust Water ETF Stock Performance

NYSEARCA:FIW opened at $100.22 on Friday. The firm’s 50-day moving average is $103.88 and its 200-day moving average is $105.73. First Trust Water ETF has a 52-week low of $96.29 and a 52-week high of $111.64. The company has a market cap of $1.72 billion, a price-to-earnings ratio of 26.28 and a beta of 1.04.

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.