Garden State Investment Advisory Services LLC Has $569,000 Stake in First Trust Water ETF (NYSEARCA:FIW)

Garden State Investment Advisory Services LLC lifted its position in shares of First Trust Water ETF (NYSEARCA:FIW) by 13.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,200 shares of the company’s stock after buying an additional 610 shares during the period. Garden State Investment Advisory Services LLC’s holdings in First Trust Water ETF were worth $569,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of FIW. Rothschild Investment LLC acquired a new position in First Trust Water ETF during the second quarter worth $30,000. Values First Advisors Inc. bought a new stake in First Trust Water ETF during the 3rd quarter worth about $52,000. Copley Financial Group Inc. acquired a new position in shares of First Trust Water ETF during the 3rd quarter worth about $62,000. Larson Financial Group LLC grew its holdings in shares of First Trust Water ETF by 597.1% in the 2nd quarter. Larson Financial Group LLC now owns 1,185 shares of the company’s stock valued at $119,000 after acquiring an additional 1,015 shares in the last quarter. Finally, Financial Perspectives Inc grew its holdings in shares of First Trust Water ETF by 21.2% in the 2nd quarter. Financial Perspectives Inc now owns 1,374 shares of the company’s stock valued at $137,000 after acquiring an additional 240 shares in the last quarter.

First Trust Water ETF Trading Down 0.8 %

Shares of First Trust Water ETF stock traded down $0.87 on Friday, reaching $107.29. 5,735 shares of the company were exchanged, compared to its average volume of 40,079. The company has a market capitalization of $1.74 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99. First Trust Water ETF has a one year low of $90.63 and a one year high of $111.64. The company has a 50-day moving average of $108.52 and a 200 day moving average of $105.46.

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.