6. CLEAN WATER AND SANITATION

PNC Financial Services Group Inc. Reduces Stake in First Trust Water ETF (NYSEARCA:FIW)

Written by Amanda

PNC Financial Services Group Inc. lessened its stake in shares of First Trust Water ETF (NYSEARCA:FIWFree Report) by 3.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,648 shares of the company’s stock after selling 200 shares during the period. PNC Financial Services Group Inc.’s holdings in First Trust Water ETF were worth $467,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of FIW. Brown Advisory Inc. raised its stake in First Trust Water ETF by 30.5% in the third quarter. Brown Advisory Inc. now owns 3,346 shares of the company’s stock worth $277,000 after buying an additional 782 shares in the last quarter. Bryn Mawr Capital Management LLC bought a new position in First Trust Water ETF in the third quarter worth approximately $563,000. Cetera Advisors LLC raised its stake in First Trust Water ETF by 27.9% in the second quarter. Cetera Advisors LLC now owns 13,894 shares of the company’s stock worth $1,231,000 after buying an additional 3,030 shares in the last quarter. Modera Wealth Management LLC bought a new position in First Trust Water ETF in the second quarter worth approximately $2,598,000. Finally, Private Advisor Group LLC grew its holdings in First Trust Water ETF by 6.4% in the second quarter. Private Advisor Group LLC now owns 56,783 shares of the company’s stock worth $5,044,000 after purchasing an additional 3,417 shares during the last quarter.

First Trust Water ETF Stock Performance

NYSEARCA FIW opened at $97.94 on Friday. The firm’s fifty day simple moving average is $94.21 and its two-hundred day simple moving average is $88.56. First Trust Water ETF has a 12-month low of $77.11 and a 12-month high of $98.28. The firm has a market capitalization of $1.57 billion, a P/E ratio of 28.67 and a beta of 1.01.

First Trust Water ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding FIW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Water ETF (NYSEARCA:FIWFree Report).



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Source: defenseworld.net

About the author

Amanda

Hi there, I am Amanda and I work as an editor at impactinvesting.ai;  if you are interested in my services, please reach me at amanda.impactinvesting.ai