Cambridge Investment Research Advisors Inc. Trims Stake in First Trust Water ETF (NYSEARCA:FIW)

Cambridge Investment Research Advisors Inc. lowered its position in First Trust Water ETF (NYSEARCA:FIWFree Report) by 27.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 100,385 shares of the company’s stock after selling 37,100 shares during the period. Cambridge Investment Research Advisors Inc. owned 0.59% of First Trust Water ETF worth $10,110,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in FIW. Perkins Coie Trust Co bought a new position in shares of First Trust Water ETF during the first quarter valued at approximately $35,000. Russell Investments Group Ltd. increased its position in First Trust Water ETF by 1,161.3% during the 4th quarter. Russell Investments Group Ltd. now owns 391 shares of the company’s stock valued at $40,000 after buying an additional 360 shares in the last quarter. Investors Research Corp raised 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 valued at $41,000 after buying an additional 215 shares during the last quarter. PFS Partners LLC boosted its holdings in First Trust Water ETF by 369.5% in the first quarter. PFS Partners LLC now owns 446 shares of the company’s stock worth $45,000 after acquiring an additional 351 shares in the last quarter. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of First Trust Water ETF in the fourth quarter worth $49,000.

First Trust Water ETF Price Performance

FIW opened at $107.32 on Thursday. First Trust Water ETF has a 1 year low of $89.31 and a 1 year high of $111.64. The stock has a 50-day moving average price of $104.23 and a 200-day moving average price of $103.13. The firm has a market cap of $1.85 billion, a PE ratio of 24.51 and a beta of 1.03.

About First Trust Water ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding FIW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Water ETF (NYSEARCA:FIWFree Report).

Institutional Ownership by Quarter for First Trust Water ETF (NYSEARCA:FIW)

Receive News & Ratings for First Trust Water ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Water ETF and related companies with MarketBeat.com's FREE daily email newsletter.