KFG Wealth Management LLC Buys 537 Shares of First Trust Water ETF (NYSEARCA:FIW)

KFG Wealth Management LLC increased its stake in shares of First Trust Water ETF (NYSEARCA:FIW) by 22.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,976 shares of the company’s stock after acquiring an additional 537 shares during the quarter. KFG Wealth Management LLC’s holdings in First Trust Water ETF were worth $282,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Sfmg LLC lifted its holdings in First Trust Water ETF by 0.6% in the 4th quarter. Sfmg LLC now owns 17,268 shares of the company’s stock worth $1,637,000 after buying an additional 111 shares during the period. Cedrus LLC lifted its holdings in First Trust Water ETF by 15.1% in the 4th quarter. Cedrus LLC now owns 4,161 shares of the company’s stock worth $394,000 after buying an additional 546 shares during the period. White Pine Investment CO lifted its holdings in First Trust Water ETF by 0.3% in the 4th quarter. White Pine Investment CO now owns 46,733 shares of the company’s stock worth $4,430,000 after buying an additional 147 shares during the period. International Assets Investment Management LLC purchased a new position in shares of First Trust Water ETF in the 4th quarter valued at approximately $729,000. Finally, Private Trust Co. NA lifted its stake in shares of First Trust Water ETF by 13.7% in the 4th quarter. Private Trust Co. NA now owns 2,079 shares of the company’s stock valued at $197,000 after purchasing an additional 250 shares during the period.

First Trust Water ETF Stock Performance

Shares of FIW traded up $0.14 on Friday, reaching $97.45. The stock had a trading volume of 27,202 shares, compared to its average volume of 40,438. The firm has a market capitalization of $1.56 billion, a price-to-earnings ratio of 28.67 and a beta of 1.01. The company has a 50-day simple moving average of $98.83 and a 200-day simple moving average of $91.77. First Trust Water ETF has a 12-month low of $77.11 and a 12-month high of $102.55.

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.