Wealthcare Advisory Partners LLC Buys 613 Shares of First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW)

Wealthcare Advisory Partners LLC boosted its holdings in shares of First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 1.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 49,355 shares of the company’s stock after acquiring an additional 613 shares during the period. Wealthcare Advisory Partners LLC owned approximately 0.66% of First Trust Dow 30 Equal Weight ETF worth $1,700,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Vestmark Advisory Solutions Inc. boosted its stake in First Trust Dow 30 Equal Weight ETF by 1.8% in the 4th quarter. Vestmark Advisory Solutions Inc. now owns 325,407 shares of the company’s stock worth $10,608,000 after purchasing an additional 5,718 shares during the period. Regal Investment Advisors LLC bought a new position in shares of First Trust Dow 30 Equal Weight ETF in the 4th quarter valued at about $7,044,000. International Assets Investment Management LLC bought a new stake in shares of First Trust Dow 30 Equal Weight ETF during the 4th quarter worth approximately $2,353,000. Integrated Wealth Concepts LLC acquired a new position in First Trust Dow 30 Equal Weight ETF during the third quarter worth $2,008,000. Finally, Benjamin F. Edwards & Company Inc. raised its position in First Trust Dow 30 Equal Weight ETF by 6.4% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 27,139 shares of the company’s stock worth $885,000 after acquiring an additional 1,628 shares in the last quarter.

First Trust Dow 30 Equal Weight ETF Trading Down 0.4 %

Shares of EDOW traded down $0.13 during midday trading on Thursday, reaching $33.74. The stock had a trading volume of 1,778 shares, compared to its average volume of 39,952. The firm has a 50 day simple moving average of $33.53 and a 200-day simple moving average of $33.30. First Trust Dow 30 Equal Weight ETF has a one year low of $28.04 and a one year high of $34.50. The firm has a market cap of $234.49 million, a PE ratio of 20.85 and a beta of 0.71.

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.