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

Wealthcare Advisory Partners LLC increased its position in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 0.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 63,245 shares of the company’s stock after buying an additional 355 shares during the quarter. Wealthcare Advisory Partners LLC owned 0.91% of First Trust Dow 30 Equal Weight ETF worth $2,294,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of EDOW. JPMorgan Chase & Co. grew its stake in shares of First Trust Dow 30 Equal Weight ETF by 471.5% during the third quarter. JPMorgan Chase & Co. now owns 3,063 shares of the company’s stock valued at $110,000 after buying an additional 2,527 shares during the last quarter. Allworth Financial LP grew 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 acquiring an additional 750 shares during the last quarter. International Assets Investment Management LLC bought a new position in First Trust Dow 30 Equal Weight ETF during the 4th quarter worth approximately $237,000. Stifel Financial Corp lifted its position in First Trust Dow 30 Equal Weight ETF by 10.6% in the third quarter. Stifel Financial Corp now owns 9,555 shares of the company’s stock valued at $344,000 after purchasing an additional 915 shares during the last quarter. Finally, Gateway Wealth Partners LLC lifted its position in First Trust Dow 30 Equal Weight ETF by 12.4% in the second quarter. Gateway Wealth Partners LLC now owns 10,852 shares of the company’s stock valued at $363,000 after purchasing an additional 1,196 shares during the last quarter.

First Trust Dow 30 Equal Weight ETF Stock Performance

Shares of First Trust Dow 30 Equal Weight ETF stock opened at $36.85 on Friday. First Trust Dow 30 Equal Weight ETF has a 52-week low of $32.02 and a 52-week high of $38.10. The company’s 50 day moving average price is $36.91 and its 200-day moving average price is $35.64. The stock has a market capitalization of $256.11 million, a price-to-earnings ratio of 20.85 and a beta of 0.71.

First Trust Dow 30 Equal Weight ETF Company 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.