Benjamin F. Edwards & Company Inc. Raises Position in First Trust Water ETF (NYSEARCA:FIW)

Benjamin F. Edwards & Company Inc. increased its stake in shares of First Trust Water ETF (NYSEARCA:FIW) by 17.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,597 shares of the company’s stock after buying an additional 2,565 shares during the quarter. Benjamin F. Edwards & Company Inc. owned about 0.20% of First Trust Water ETF worth $987,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in FIW. First Allied Advisory Services Inc. raised its position in shares of First Trust Water ETF by 4.8% in the second quarter. First Allied Advisory Services Inc. now owns 6,832 shares of the company’s stock worth $374,000 after acquiring an additional 314 shares during the period. Commonwealth Equity Services LLC raised its position in shares of First Trust Water ETF by 7.8% in the second quarter. Commonwealth Equity Services LLC now owns 94,709 shares of the company’s stock worth $5,179,000 after acquiring an additional 6,826 shares during the period. Interactive Financial Advisors raised its position in shares of First Trust Water ETF by 1.0% during the 2nd quarter. Interactive Financial Advisors now owns 23,030 shares of the company’s stock worth $1,260,000 after purchasing an additional 234 shares during the last quarter. MD Financial Management Inc. acquired a new position in shares of First Trust Water ETF during the 2nd quarter worth about $14,658,000. Finally, US Bancorp DE raised its position in shares of First Trust Water ETF by 2.3% during the 2nd quarter. US Bancorp DE now owns 167,234 shares of the company’s stock worth $9,146,000 after purchasing an additional 3,708 shares during the last quarter.

Shares of FIW traded up $0.16 during mid-day trading on Wednesday, hitting $57.60. 13,900 shares of the company were exchanged, compared to its average volume of 30,955. The company has a 50 day moving average of $57.34 and a 200-day moving average of $54.89. First Trust Water ETF has a 1-year low of $41.21 and a 1-year high of $58.58.

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.

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

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