Benjamin F. Edwards & Company Inc. Buys 1,628 Shares of First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW)

Benjamin F. Edwards & Company Inc. lifted its stake in shares of First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 6.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,139 shares of the company’s stock after acquiring an additional 1,628 shares during the period. Benjamin F. Edwards & Company Inc. owned approximately 0.36% of First Trust Dow 30 Equal Weight ETF worth $885,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in EDOW. International Assets Investment Management LLC acquired a new stake in First Trust Dow 30 Equal Weight ETF during the fourth quarter worth about $2,353,000. New England Capital Financial Advisors LLC acquired a new stake in shares of First Trust Dow 30 Equal Weight ETF during the 3rd quarter worth approximately $207,000. Raymond James & Associates increased its stake in First Trust Dow 30 Equal Weight ETF by 23.5% in the third quarter. Raymond James & Associates now owns 78,784 shares of the company’s stock valued at $2,287,000 after acquiring an additional 15,009 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in First Trust Dow 30 Equal Weight ETF by 5.6% during the third quarter. Commonwealth Equity Services LLC now owns 131,726 shares of the company’s stock worth $3,824,000 after purchasing an additional 7,021 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. acquired a new stake in shares of First Trust Dow 30 Equal Weight ETF in the 3rd quarter valued at $256,000.

First Trust Dow 30 Equal Weight ETF Stock Performance

First Trust Dow 30 Equal Weight ETF stock opened at $33.44 on Wednesday. The stock has a fifty day moving average of $33.55 and a 200-day moving average of $32.37. The stock has a market capitalization of $232.44 million, a P/E ratio of 20.85 and a beta of 0.71. First Trust Dow 30 Equal Weight ETF has a 52 week low of $28.04 and a 52 week high of $34.46.

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.