Atria Investments Inc Increases Stake in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW)

Atria Investments Inc increased its position in shares of First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 7.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,658 shares of the company’s stock after purchasing an additional 782 shares during the period. Atria Investments Inc owned approximately 0.15% of First Trust Dow 30 Equal Weight ETF worth $383,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new position in First Trust Dow 30 Equal Weight ETF during the 2nd quarter worth about $79,000. ORG Partners LLC bought a new position in shares of First Trust Dow 30 Equal Weight ETF during the second quarter valued at approximately $132,000. Allworth Financial LP increased its holdings in First Trust Dow 30 Equal Weight ETF by 17.6% during the third quarter. Allworth Financial LP now owns 5,022 shares of the company’s stock valued at $181,000 after buying an additional 750 shares during the period. Gateway Wealth Partners LLC raised its stake in First Trust Dow 30 Equal Weight ETF by 12.4% in the second quarter. Gateway Wealth Partners LLC now owns 10,852 shares of the company’s stock worth $363,000 after buying an additional 1,196 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in First Trust Dow 30 Equal Weight ETF during the second quarter worth $580,000.

First Trust Dow 30 Equal Weight ETF Trading Up 1.1 %

EDOW opened at $37.04 on Friday. The firm has a market cap of $257.43 million, a price-to-earnings ratio of 20.85 and a beta of 0.71. First Trust Dow 30 Equal Weight ETF has a 12 month low of $30.49 and a 12 month high of $37.17. The stock has a fifty day moving average price of $36.00 and a 200-day moving average price of $34.71.

About First Trust Dow 30 Equal Weight ETF

The First Trust Dow 30 Equal Weight ETF (EDOW) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of companies included in the Dow Jones Industrial Average. EDOW was launched on Aug 8, 2017 and is managed by First Trust.