Commonwealth Equity Services LLC Sells 15,238 Shares of First Trust Water ETF (NYSEARCA:FIW)

Commonwealth Equity Services LLC lessened its stake in shares of First Trust Water ETF (NYSEARCA:FIW) by 4.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 296,778 shares of the company’s stock after selling 15,238 shares during the period. Commonwealth Equity Services LLC’s holdings in First Trust Water ETF were worth $32,447,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. LexAurum Advisors LLC grew its stake in First Trust Water ETF by 2.8% in the 3rd quarter. LexAurum Advisors LLC now owns 32,933 shares of the company’s stock valued at $3,601,000 after buying an additional 888 shares during the last quarter. Global Retirement Partners LLC grew its position in shares of First Trust Water ETF by 2.1% in the third quarter. Global Retirement Partners LLC now owns 5,316 shares of the company’s stock valued at $581,000 after purchasing an additional 111 shares during the last quarter. Proquility Private Wealth Partners LLC bought a new position in shares of First Trust Water ETF in the third quarter worth about $918,000. Prospect Financial Services LLC acquired a new position in shares of First Trust Water ETF during the 3rd quarter worth about $292,000. Finally, Zhang Financial LLC bought a new stake in First Trust Water ETF during the 3rd quarter valued at approximately $233,000.

First Trust Water ETF Stock Down 0.8 %

FIW opened at $108.15 on Tuesday. First Trust Water ETF has a 12-month low of $77.11 and a 12-month high of $110.50. The firm has a market capitalization of $1.76 billion, a P/E ratio of 33.23 and a beta of 0.99. The stock’s 50 day moving average price is $106.73 and its two-hundred day moving average price is $103.77.

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.