Corrado Advisors LLC Purchases 138 Shares of First Trust Water ETF (NYSEARCA:FIW)

Corrado Advisors LLC increased its position in First Trust Water ETF (NYSEARCA:FIW) by 1.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,282 shares of the company’s stock after acquiring an additional 138 shares during the quarter. Corrado Advisors LLC owned about 0.07% of First Trust Water ETF worth $1,070,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Impact Partnership Wealth LLC purchased a new stake in First Trust Water ETF in the third quarter valued at approximately $42,000. Financial Enhancement Group LLC raised its stake in First Trust Water ETF by 1.4% in the third quarter. Financial Enhancement Group LLC now owns 14,763 shares of the company’s stock valued at $1,219,000 after purchasing an additional 204 shares in the last quarter. KFG Wealth Management LLC purchased a new stake in First Trust Water ETF in the third quarter valued at approximately $202,000. Strategic Blueprint LLC raised its stake in First Trust Water ETF by 3.5% in the third quarter. Strategic Blueprint LLC now owns 23,254 shares of the company’s stock valued at $1,924,000 after purchasing an additional 795 shares in the last quarter. Finally, Flagstar Advisors Inc. raised its stake in First Trust Water ETF by 18.4% in the third quarter. Flagstar Advisors Inc. now owns 7,917 shares of the company’s stock valued at $655,000 after purchasing an additional 1,231 shares in the last quarter.

First Trust Water ETF Stock Performance

FIW traded up $1.90 on Tuesday, reaching $100.15. The company had a trading volume of 32,946 shares, compared to its average volume of 40,430. The business has a 50 day simple moving average of $98.89 and a 200 day simple moving average of $92.15. The company has a market cap of $1.62 billion, a price-to-earnings ratio of 31.25 and a beta of 0.97. First Trust Water ETF has a 52-week low of $77.11 and a 52-week high of $102.55.

First Trust Water ETF Company 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.