Buying FIW: Why The Water-Infrastructure Story Is Underpriced and How I’m Trading It
FIW is trading at $100.90 after a sustained pullback. The ETF gives equal-weighted exposure to 36 U.S.-listed water names and sits on a $1.73B market cap. Technicals show oversold conditions while industry-level catalysts - municipal upgrades, M&A and steady dividend yield - argue for a mid-term mean reversion and re-rating. I lay out a clear trade…