StoneX Group Inc. Takes Position in First Trust Water ETF (NYSEARCA:FIW)

StoneX Group Inc. acquired a new stake in shares of First Trust Water ETF (NYSEARCA:FIW) during the third quarter, HoldingsChannel reports. The fund acquired 10,186 shares of the company’s stock, valued at approximately $1,114,000.

Other hedge funds also recently bought and sold shares of the company. Rothschild Investment LLC bought a new position in shares of First Trust Water ETF during the second quarter valued at about $30,000. Strategic Financial Concepts LLC bought a new position in First Trust Water ETF during the 2nd quarter worth approximately $32,000. Values First Advisors Inc. purchased a new position in First Trust Water ETF in the 3rd quarter worth approximately $52,000. Larson Financial Group LLC lifted its position in First Trust Water ETF by 597.1% in the second quarter. Larson Financial Group LLC now owns 1,185 shares of the company’s stock valued at $119,000 after purchasing an additional 1,015 shares during the last quarter. Finally, Financial Perspectives Inc boosted its stake in shares of First Trust Water ETF by 21.2% during the second quarter. Financial Perspectives Inc now owns 1,374 shares of the company’s stock valued at $137,000 after purchasing an additional 240 shares during the period.

First Trust Water ETF Stock Performance

Shares of First Trust Water ETF stock opened at $109.48 on Monday. First Trust Water ETF has a 52-week low of $86.71 and a 52-week high of $111.64. The company’s 50 day moving average price is $107.96 and its 200-day moving average price is $105.08. The stock has a market capitalization of $1.78 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99.

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.