Measured Wealth Private Client Group LLC Makes New $542,000 Investment in First Trust Water ETF (NYSEARCA:FIW)

Measured Wealth Private Client Group LLC bought a new position in shares of First Trust Water ETF (NYSEARCA:FIW) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,713 shares of the company’s stock, valued at approximately $542,000.

A number of other institutional investors have also recently bought and sold shares of FIW. Provence Wealth Management Group bought a new position in shares of First Trust Water ETF during the third quarter worth $28,000. Legacy Financial Group LLC bought a new position in shares of First Trust Water ETF during the third quarter worth $37,000. AdvisorNet Financial Inc boosted its position in shares of First Trust Water ETF by 98.3% during the fourth quarter. AdvisorNet Financial Inc now owns 1,134 shares of the company’s stock worth $108,000 after purchasing an additional 562 shares in the last quarter. Smithfield Trust Co lifted its position in First Trust Water ETF by 286.1% in the 3rd quarter. Smithfield Trust Co now owns 2,274 shares of the company’s stock valued at $188,000 after acquiring an additional 1,685 shares in the last quarter. Finally, Private Trust Co. NA boosted its stake in First Trust Water ETF by 13.7% in the 4th quarter. Private Trust Co. NA now owns 2,079 shares of the company’s stock worth $197,000 after purchasing an additional 250 shares during the period.

First Trust Water ETF Stock Performance

NYSEARCA FIW traded up $1.04 on Friday, reaching $102.42. The company had a trading volume of 58,602 shares, compared to its average volume of 40,749. The firm has a market capitalization of $1.65 billion, a price-to-earnings ratio of 31.25 and a beta of 0.97. First Trust Water ETF has a 1-year low of $77.11 and a 1-year high of $102.75. The company’s fifty day moving average is $99.60 and its 200-day moving average is $93.12.

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.