Wealthcare Advisory Partners LLC Raises Position in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW)

Wealthcare Advisory Partners LLC lifted its holdings in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 2.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 48,742 shares of the company’s stock after buying an additional 1,385 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in First Trust Dow 30 Equal Weight ETF were worth $1,589,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. New England Capital Financial Advisors LLC purchased a new stake in shares of First Trust Dow 30 Equal Weight ETF in the third quarter worth approximately $207,000. HBW Advisory Services LLC purchased a new stake in shares of First Trust Dow 30 Equal Weight ETF in the fourth quarter worth approximately $272,000. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of First Trust Dow 30 Equal Weight ETF in the third quarter worth approximately $256,000. D.A. Davidson & CO. raised its holdings in shares of First Trust Dow 30 Equal Weight ETF by 14.2% in the third quarter. D.A. Davidson & CO. now owns 10,120 shares of the company’s stock worth $294,000 after buying an additional 1,258 shares during the period. Finally, Benjamin F. Edwards & Company Inc. raised its holdings in shares of First Trust Dow 30 Equal Weight ETF by 6.4% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 27,139 shares of the company’s stock worth $885,000 after buying an additional 1,628 shares during the period.

First Trust Dow 30 Equal Weight ETF Trading Up 0.1 %

Shares of NYSEARCA EDOW traded up $0.02 during midday trading on Tuesday, hitting $33.48. The company’s stock had a trading volume of 9,089 shares, compared to its average volume of 48,395. The business’s 50 day moving average is $33.55 and its two-hundred day moving average is $32.34. First Trust Dow 30 Equal Weight ETF has a 12-month low of $28.04 and a 12-month high of $34.46. The firm has a market cap of $232.69 million, a P/E ratio of 20.85 and a beta of 0.71.

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.