Silver Oak Securities Incorporated Sells 721 Shares of First Trust Water ETF (NYSEARCA:FIW)

Silver Oak Securities Incorporated cut its stake in First Trust Water ETF (NYSEARCA:FIW) by 23.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,328 shares of the company’s stock after selling 721 shares during the quarter. Silver Oak Securities Incorporated’s holdings in First Trust Water ETF were worth $221,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Provence Wealth Management Group purchased a new position in shares of First Trust Water ETF in the third quarter worth approximately $28,000. Legacy Financial Group LLC purchased a new position in shares of First Trust Water ETF in the third quarter worth approximately $37,000. AdvisorNet Financial Inc boosted its holdings in shares of First Trust Water ETF by 98.3% in the fourth quarter. AdvisorNet Financial Inc now owns 1,134 shares of the company’s stock worth $108,000 after buying an additional 562 shares during the last quarter. Private Trust Co. NA boosted its holdings in shares of First Trust Water ETF by 13.7% in the fourth quarter. Private Trust Co. NA now owns 2,079 shares of the company’s stock worth $197,000 after buying an additional 250 shares during the last quarter. Finally, Accel Wealth Management purchased a new position in shares of First Trust Water ETF in the fourth quarter worth approximately $208,000.

First Trust Water ETF Trading Up 0.4 %

FIW opened at $99.48 on Thursday. The company has a market cap of $1.61 billion, a price-to-earnings ratio of 31.25 and a beta of 0.97. The company’s 50 day moving average is $99.40 and its 200 day moving average is $92.92. First Trust Water ETF has a 12-month low of $77.11 and a 12-month high of $102.55.

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.