Global Assets Advisory LLC Makes New Investment in First Trust Water ETF (NYSEARCA:FIW)

Global Assets Advisory LLC purchased a new stake in First Trust Water ETF (NYSEARCA:FIW) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,500 shares of the company’s stock, valued at approximately $271,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rothschild Investment LLC bought a new position in shares of First Trust Water ETF during the second quarter worth about $30,000. Strategic Financial Concepts LLC bought a new position in shares of First Trust Water ETF during the 2nd quarter worth approximately $32,000. Larson Financial Group LLC raised its holdings in shares of First Trust Water ETF by 597.1% in the second quarter. Larson Financial Group LLC now owns 1,185 shares of the company’s stock valued at $119,000 after purchasing an additional 1,015 shares during the last quarter. Financial Perspectives Inc lifted its position in shares of First Trust Water ETF by 21.2% in the second quarter. Financial Perspectives Inc now owns 1,374 shares of the company’s stock worth $137,000 after purchasing an additional 240 shares in the last quarter. Finally, Tempus Wealth Planning LLC acquired a new position in First Trust Water ETF during the third quarter worth $203,000.

First Trust Water ETF Trading Down 0.7 %

Shares of FIW stock opened at $106.61 on Friday. The firm’s fifty day moving average price is $106.90 and its two-hundred day moving average price is $103.86. First Trust Water ETF has a 1 year low of $77.11 and a 1 year high of $110.50. The firm has a market capitalization of $1.73 billion, a P/E ratio of 33.23 and a beta of 0.99.

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.