Ameritas Advisory Services LLC Has $1.65 Million Position in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW)

Ameritas Advisory Services LLC lessened its holdings in shares of First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 2.0% in the second quarter, according to its most recent filing with the SEC. The firm owned 49,375 shares of the company’s stock after selling 1,030 shares during the period. Ameritas Advisory Services LLC’s holdings in First Trust Dow 30 Equal Weight ETF were worth $1,653,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in EDOW. Regal Investment Advisors LLC acquired a new position in shares of First Trust Dow 30 Equal Weight ETF during the 4th quarter worth about $7,044,000. Cambridge Investment Research Advisors Inc. grew its holdings in First Trust Dow 30 Equal Weight ETF by 274.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 198,084 shares of the company’s stock valued at $6,821,000 after purchasing an additional 145,115 shares during the period. International Assets Investment Management LLC acquired a new stake in First Trust Dow 30 Equal Weight ETF in the fourth quarter worth $2,353,000. Cetera Advisors LLC bought a new position in shares of First Trust Dow 30 Equal Weight ETF during the first quarter worth $698,000. Finally, Commonwealth Equity Services LLC boosted its position in shares of First Trust Dow 30 Equal Weight ETF by 10.0% during the first quarter. Commonwealth Equity Services LLC now owns 145,501 shares of the company’s stock worth $5,011,000 after purchasing an additional 13,230 shares in the last quarter.

First Trust Dow 30 Equal Weight ETF Stock Down 0.3 %

Shares of EDOW traded down $0.09 during trading hours on Friday, reaching $35.03. The stock had a trading volume of 18,401 shares, compared to its average volume of 38,969. The firm has a 50-day moving average of $34.10 and a 200 day moving average of $33.77. The company has a market cap of $243.46 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 $35.25.

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.