First Trust Water ETF (NYSEARCA:FIW) Position Cut by KFG Wealth Management LLC

KFG Wealth Management LLC lowered its holdings in shares of First Trust Water ETF (NYSEARCA:FIW) by 3.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,704 shares of the company’s stock after selling 124 shares during the period. KFG Wealth Management LLC’s holdings in First Trust Water ETF were worth $378,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Values First Advisors Inc. acquired a new stake in shares of First Trust Water ETF in the third quarter valued at $52,000. Copley Financial Group Inc. acquired a new stake in First Trust Water ETF in the 3rd quarter valued at about $62,000. TD Private Client Wealth LLC lifted its holdings in First Trust Water ETF by 6.3% in the 3rd quarter. TD Private Client Wealth LLC now owns 1,680 shares of the company’s stock valued at $184,000 after acquiring an additional 99 shares during the last quarter. Tempus Wealth Planning LLC bought a new position in shares of First Trust Water ETF during the 3rd quarter valued at about $203,000. Finally, J.W. Cole Advisors Inc. acquired a new position in shares of First Trust Water ETF in the 3rd quarter worth approximately $204,000.

First Trust Water ETF Price Performance

NYSEARCA FIW opened at $105.27 on Friday. First Trust Water ETF has a 12 month low of $91.73 and a 12 month high of $111.64. The company has a market capitalization of $1.71 billion, a P/E ratio of 33.23 and a beta of 0.99. The company’s 50 day simple moving average is $105.72 and its 200 day simple moving average is $106.02.

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.