Riggs Asset Managment Co. Inc. Has $54,000 Stake in First Trust Water ETF (NYSEARCA:FIW)

Riggs Asset Managment Co. Inc. lowered its stake in shares of First Trust Water ETF (NYSEARCA:FIW) by 67.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 494 shares of the company’s stock after selling 1,045 shares during the period. Riggs Asset Managment Co. Inc.’s holdings in First Trust Water ETF were worth $54,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in FIW. Cetera Advisors LLC raised its position in First Trust Water ETF by 556.1% during the first quarter. Cetera Advisors LLC now owns 78,101 shares of the company’s stock valued at $7,974,000 after purchasing an additional 66,197 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of First Trust Water ETF by 9.5% during the 2nd quarter. LPL Financial LLC now owns 694,618 shares of the company’s stock worth $69,448,000 after buying an additional 59,991 shares in the last quarter. D.A. Davidson & CO. increased its stake in First Trust Water ETF by 340.5% in the second quarter. D.A. Davidson & CO. now owns 74,711 shares of the company’s stock valued at $7,470,000 after purchasing an additional 57,749 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in First Trust Water ETF by 68.8% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 140,524 shares of the company’s stock worth $14,050,000 after acquiring an additional 57,253 shares in the last quarter. Finally, Avantax Advisory Services Inc. increased its stake in First Trust Water ETF by 85.2% during the 1st quarter. Avantax Advisory Services Inc. now owns 76,622 shares of the company’s stock valued at $7,823,000 after purchasing an additional 35,242 shares in the last quarter.

First Trust Water ETF Stock Down 0.6 %

Shares of NYSEARCA:FIW opened at $105.94 on Monday. The stock has a market cap of $1.72 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99. The business’s 50 day moving average is $106.92 and its 200 day moving average is $103.91. First Trust Water ETF has a 12-month low of $77.11 and a 12-month high of $110.50.

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.