Private Advisor Group LLC Raises Stake in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW)

Private Advisor Group LLC grew its position in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 10.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,388 shares of the company’s stock after purchasing an additional 873 shares during the quarter. Private Advisor Group LLC owned approximately 0.14% of First Trust Dow 30 Equal Weight ETF worth $340,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Atria Investments Inc raised its stake in First Trust Dow 30 Equal Weight ETF by 7.9% during the 3rd quarter. Atria Investments Inc now owns 10,658 shares of the company’s stock valued at $383,000 after purchasing an additional 782 shares during the period. D.A. Davidson & CO. raised its position in shares of First Trust Dow 30 Equal Weight ETF by 14.0% during the third quarter. D.A. Davidson & CO. now owns 23,200 shares of the company’s stock valued at $835,000 after buying an additional 2,842 shares during the last quarter. Benjamin Edwards Inc. purchased a new position in shares of First Trust Dow 30 Equal Weight ETF in the third quarter worth $1,080,000. Stifel Financial Corp boosted its position in shares of First Trust Dow 30 Equal Weight ETF by 10.6% during the third quarter. Stifel Financial Corp now owns 9,555 shares of the company’s stock worth $344,000 after acquiring an additional 915 shares during the last quarter. Finally, Jane Street Group LLC grew its stake in First Trust Dow 30 Equal Weight ETF by 23.0% during the third quarter. Jane Street Group LLC now owns 24,565 shares of the company’s stock valued at $884,000 after acquiring an additional 4,588 shares in the last quarter.

First Trust Dow 30 Equal Weight ETF Trading Down 1.6 %

Shares of EDOW stock opened at $36.91 on Wednesday. The stock has a market capitalization of $230.69 million, a price-to-earnings ratio of 24.03 and a beta of 0.91. First Trust Dow 30 Equal Weight ETF has a 12-month low of $32.56 and a 12-month high of $38.24. The stock’s 50-day moving average price is $37.24 and its 200-day moving average price is $36.51.

First Trust Dow 30 Equal Weight ETF Profile

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.