Prism Advisors Inc. Sells 263 Shares of First Trust Water ETF (NYSEARCA:FIW)

Prism Advisors Inc. cut its position in shares of First Trust Water ETF (NYSEARCA:FIW) by 0.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 39,639 shares of the company’s stock after selling 263 shares during the quarter. First Trust Water ETF comprises about 1.2% of Prism Advisors Inc.’s holdings, making the stock its 23rd largest position. Prism Advisors Inc. owned 0.24% of First Trust Water ETF worth $4,045,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of FIW. Ameritas Advisory Services LLC lifted its stake in shares of First Trust Water ETF by 164.7% in the 3rd quarter. Ameritas Advisory Services LLC now owns 72,186 shares of the company’s stock valued at $7,892,000 after purchasing an additional 44,910 shares during the period. SRS Capital Advisors Inc. boosted its holdings in shares of First Trust Water ETF by 29.6% during the 3rd quarter. SRS Capital Advisors Inc. now owns 168,604 shares of the company’s stock worth $18,433,000 after buying an additional 38,490 shares in the last quarter. Benjamin Edwards Inc. acquired a new stake in shares of First Trust Water ETF during the 3rd quarter worth approximately $4,063,000. Strategy Asset Managers LLC acquired a new position in shares of First Trust Water ETF during the 3rd quarter valued at $2,730,000. Finally, Janney Montgomery Scott LLC boosted its stake in First Trust Water ETF by 88.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 30,114 shares of the company’s stock worth $3,073,000 after acquiring an additional 14,162 shares in the last quarter.

First Trust Water ETF Trading Down 0.7 %

NYSEARCA:FIW opened at $105.27 on Monday. The firm has a fifty day simple moving average of $105.72 and a two-hundred day simple moving average of $106.08. First Trust Water ETF has a 12 month low of $91.73 and a 12 month high of $111.64. The stock has a market capitalization of $1.71 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99.

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.