D.A. Davidson & CO. Boosts Stock Holdings in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW)

D.A. Davidson & CO. raised its position in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 8.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,165 shares of the company’s stock after acquiring an additional 1,965 shares during the quarter. D.A. Davidson & CO. owned approximately 0.36% of First Trust Dow 30 Equal Weight ETF worth $913,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its position in First Trust Dow 30 Equal Weight ETF by 471.5% in the third quarter. JPMorgan Chase & Co. now owns 3,063 shares of the company’s stock valued at $110,000 after acquiring an additional 2,527 shares during the last quarter. Allworth Financial LP raised its position in First Trust Dow 30 Equal Weight ETF by 17.6% during the 3rd quarter. Allworth Financial LP now owns 5,022 shares of the company’s stock worth $181,000 after buying an additional 750 shares during the last quarter. Nations Financial Group Inc. IA ADV acquired a new stake in First Trust Dow 30 Equal Weight ETF in the fourth quarter valued at about $200,000. International Assets Investment Management LLC purchased a new stake in shares of First Trust Dow 30 Equal Weight ETF in the fourth quarter valued at approximately $237,000. Finally, Janney Montgomery Scott LLC purchased a new position in shares of First Trust Dow 30 Equal Weight ETF in the 4th quarter valued at about $243,000.

First Trust Dow 30 Equal Weight ETF Trading Down 1.0 %

EDOW stock opened at $37.57 on Monday. The company has a market cap of $261.11 million, a price-to-earnings ratio of 20.85 and a beta of 0.71. First Trust Dow 30 Equal Weight ETF has a 12-month low of $32.56 and a 12-month high of $38.24. The firm has a 50 day moving average of $37.11 and a 200-day moving average of $36.30.

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.