Marshall Investment Management LLC Takes Position in First Trust Water ETF (NYSEARCA:FIW)

Marshall Investment Management LLC purchased a new stake in shares of First Trust Water ETF (NYSEARCA:FIW) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 7,172 shares of the company’s stock, valued at approximately $784,000.

Several other large investors have also recently modified their holdings of the business. SRS Capital Advisors Inc. raised its stake in shares of First Trust Water ETF by 29.6% during the third quarter. SRS Capital Advisors Inc. now owns 168,604 shares of the company’s stock valued at $18,433,000 after acquiring an additional 38,490 shares during the last quarter. Truist Financial Corp raised its stake in First Trust Water ETF by 8.4% during the fourth quarter. Truist Financial Corp now owns 105,799 shares of the company’s stock worth $10,797,000 after buying an additional 8,240 shares during the last quarter. Ameritas Advisory Services LLC raised its stake in First Trust Water ETF by 28.2% during the fourth quarter. Ameritas Advisory Services LLC now owns 92,560 shares of the company’s stock worth $9,446,000 after buying an additional 20,374 shares during the last quarter. Kestra Private Wealth Services LLC raised its stake in First Trust Water ETF by 8.5% during the fourth quarter. Kestra Private Wealth Services LLC now owns 66,723 shares of the company’s stock worth $6,809,000 after buying an additional 5,205 shares during the last quarter. Finally, Private Advisor Group LLC raised its stake in First Trust Water ETF by 1.3% during the fourth quarter. Private Advisor Group LLC now owns 66,473 shares of the company’s stock worth $6,784,000 after buying an additional 855 shares during the last quarter.

First Trust Water ETF Stock Down 1.2 %

Shares of NYSEARCA FIW opened at $103.05 on Friday. First Trust Water ETF has a twelve month low of $96.10 and a twelve month high of $111.64. The firm has a fifty day simple moving average of $103.96 and a 200 day simple moving average of $106.12. The company has a market capitalization of $1.67 billion, a PE 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.