Rothschild Investment LLC Invests $30,000 in First Trust Water ETF (NYSEARCA:FIW)

Rothschild Investment LLC purchased a new stake in shares of First Trust Water ETF (NYSEARCA:FIW) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 300 shares of the company’s stock, valued at approximately $30,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Brown Advisory Inc. lifted its holdings in shares of First Trust Water ETF by 9.6% in the fourth quarter. Brown Advisory Inc. now owns 3,666 shares of the company’s stock worth $348,000 after buying an additional 320 shares in the last quarter. Mainsail Financial Group LLC boosted its holdings in First Trust Water ETF by 0.6% in the 1st quarter. Mainsail Financial Group LLC now owns 42,142 shares of the company’s stock valued at $4,303,000 after purchasing an additional 237 shares during the period. &PARTNERS purchased a new position in shares of First Trust Water ETF during the 2nd quarter valued at $270,000. Wells Fargo & Company MN increased its holdings in shares of First Trust Water ETF by 15.8% in the fourth quarter. Wells Fargo & Company MN now owns 466,293 shares of the company’s stock worth $44,204,000 after purchasing an additional 63,528 shares during the period. Finally, Focus Financial Network Inc. ADV purchased a new stake in shares of First Trust Water ETF in the fourth quarter worth $289,000.

First Trust Water ETF Stock Performance

NYSEARCA:FIW opened at $101.97 on Friday. First Trust Water ETF has a 52-week low of $77.11 and a 52-week high of $108.69. The stock has a fifty day moving average of $103.91 and a 200 day moving average of $101.96. The firm has a market capitalization of $1.66 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99.

First Trust Water ETF Company 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.