First Trust Dow 30 Equal Weight ETF $EDOW Shares Bought by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC grew its stake in shares of First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 2.0% in the 2nd quarter, Holdings Channel reports. The firm owned 67,802 shares of the company’s stock after acquiring an additional 1,317 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in First Trust Dow 30 Equal Weight ETF were worth $2,599,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Benjamin Edwards Inc. grew its stake in First Trust Dow 30 Equal Weight ETF by 1.1% during the 1st quarter. Benjamin Edwards Inc. now owns 29,888 shares of the company’s stock worth $1,083,000 after buying an additional 320 shares during the last quarter. Private Advisor Group LLC boosted its holdings in shares of First Trust Dow 30 Equal Weight ETF by 4.0% during the first quarter. Private Advisor Group LLC now owns 9,766 shares of the company’s stock valued at $354,000 after acquiring an additional 378 shares during the period. Janney Montgomery Scott LLC grew its position in shares of First Trust Dow 30 Equal Weight ETF by 6.8% during the first quarter. Janney Montgomery Scott LLC now owns 7,158 shares of the company’s stock worth $259,000 after acquiring an additional 453 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of First Trust Dow 30 Equal Weight ETF by 0.8% in the 1st quarter. Cetera Investment Advisers now owns 57,104 shares of the company’s stock worth $2,069,000 after acquiring an additional 455 shares during the period. Finally, Kestra Advisory Services LLC increased its holdings in shares of First Trust Dow 30 Equal Weight ETF by 2.5% in the 1st quarter. Kestra Advisory Services LLC now owns 48,396 shares of the company’s stock worth $1,753,000 after acquiring an additional 1,202 shares during the period.

First Trust Dow 30 Equal Weight ETF Stock Down 0.3%

Shares of NYSEARCA:EDOW opened at $40.13 on Tuesday. The company’s 50-day moving average price is $39.39 and its 200 day moving average price is $37.54. The company has a market cap of $224.73 million, a PE ratio of 20.87 and a beta of 0.91. First Trust Dow 30 Equal Weight ETF has a fifty-two week low of $31.52 and a fifty-two week high of $40.48.

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.