MML Investors Services LLC Purchases 320 Shares of First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW)

MML Investors Services LLC increased its position in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 1.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 17,820 shares of the company’s stock after buying an additional 320 shares during the period. MML Investors Services LLC owned about 0.26% of First Trust Dow 30 Equal Weight ETF worth $641,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Jane Street Group LLC boosted its stake in First Trust Dow 30 Equal Weight ETF by 23.0% in the 3rd quarter. Jane Street Group LLC now owns 24,565 shares of the company’s stock worth $884,000 after purchasing an additional 4,588 shares during the period. Stifel Financial Corp grew its stake in First Trust Dow 30 Equal Weight ETF by 10.6% during the third quarter. Stifel Financial Corp now owns 9,555 shares of the company’s stock valued at $344,000 after acquiring an additional 915 shares in the last quarter. Benjamin Edwards Inc. bought a new stake in First Trust Dow 30 Equal Weight ETF in the 3rd quarter valued at $1,080,000. D.A. Davidson & CO. increased its holdings in First Trust Dow 30 Equal Weight ETF by 14.0% in the 3rd quarter. D.A. Davidson & CO. now owns 23,200 shares of the company’s stock valued at $835,000 after acquiring an additional 2,842 shares during the last quarter. Finally, Atria Investments Inc boosted its holdings in shares of First Trust Dow 30 Equal Weight ETF by 7.9% during the 3rd quarter. Atria Investments Inc now owns 10,658 shares of the company’s stock valued at $383,000 after purchasing an additional 782 shares during the last quarter.

First Trust Dow 30 Equal Weight ETF Trading Up 0.9 %

Shares of EDOW stock opened at $36.54 on Friday. First Trust Dow 30 Equal Weight ETF has a 12-month low of $31.98 and a 12-month high of $38.10. The stock’s 50-day moving average price is $36.75 and its 200-day moving average price is $35.28. The stock has a market capitalization of $253.95 million, a price-to-earnings 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.