Silver Oak Securities Incorporated Raises Position in First Trust Water ETF $FIW

Silver Oak Securities Incorporated lifted its stake in shares of First Trust Water ETF (NYSEARCA:FIW) by 191.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,244 shares of the company’s stock after acquiring an additional 4,758 shares during the quarter. Silver Oak Securities Incorporated’s holdings in First Trust Water ETF were worth $814,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Investors Research Corp increased its holdings in First Trust Water ETF by 19.9% during the 2nd quarter. Investors Research Corp now owns 705 shares of the company’s stock worth $76,000 after purchasing an additional 117 shares during the period. Allworth Financial LP boosted its stake in shares of First Trust Water ETF by 35.1% in the 2nd quarter. Allworth Financial LP now owns 1,539 shares of the company’s stock valued at $166,000 after buying an additional 400 shares during the period. Fifth Third Bancorp boosted its stake in shares of First Trust Water ETF by 451.0% in the 2nd quarter. Fifth Third Bancorp now owns 1,576 shares of the company’s stock valued at $170,000 after buying an additional 1,290 shares during the period. TD Waterhouse Canada Inc. grew its position in shares of First Trust Water ETF by 14.2% during the second quarter. TD Waterhouse Canada Inc. now owns 1,605 shares of the company’s stock worth $176,000 after buying an additional 200 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its stake in shares of First Trust Water ETF by 186.7% during the third quarter. Farther Finance Advisors LLC now owns 1,617 shares of the company’s stock worth $182,000 after buying an additional 1,053 shares during the period.

First Trust Water ETF Stock Up 0.8%

Shares of NYSEARCA:FIW opened at $109.48 on Friday. First Trust Water ETF has a fifty-two week low of $89.31 and a fifty-two week high of $116.16. The firm’s 50 day moving average price is $110.71 and its 200 day moving average price is $111.15. The stock has a market cap of $1.90 billion, a price-to-earnings ratio of 24.17 and a beta of 1.05.

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. The Index is rebalanced on a semi-annual basis. The Fund will normally invest at least 90% of its assets in common stocks that comprise the Index.