Ameritas Advisory Services LLC Purchases 958 Shares of First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW)

Ameritas Advisory Services LLC raised its position in shares of First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 2.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 48,445 shares of the company’s stock after buying an additional 958 shares during the quarter. Ameritas Advisory Services LLC owned about 0.70% of First Trust Dow 30 Equal Weight ETF worth $1,757,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of EDOW. NewEdge Advisors LLC lifted its position in First Trust Dow 30 Equal Weight ETF by 17.6% during the 2nd quarter. NewEdge Advisors LLC now owns 138,000 shares of the company’s stock valued at $4,619,000 after acquiring an additional 20,696 shares during the period. Gateway Wealth Partners LLC increased its stake in shares of First Trust Dow 30 Equal Weight ETF by 12.4% during 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 in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of First Trust Dow 30 Equal Weight ETF during the second quarter valued at approximately $580,000. Allworth Financial LP boosted its position in shares of First Trust Dow 30 Equal Weight ETF by 17.6% in the 3rd quarter. Allworth Financial LP now owns 5,022 shares of the company’s stock worth $181,000 after purchasing an additional 750 shares in the last quarter. Finally, Atria Investments Inc grew its stake in shares of First Trust Dow 30 Equal Weight ETF by 7.9% in the 3rd quarter. Atria Investments Inc now owns 10,658 shares of the company’s stock worth $383,000 after buying an additional 782 shares during the last quarter.

First Trust Dow 30 Equal Weight ETF Stock Up 0.7 %

EDOW stock opened at $36.85 on Tuesday. The business has a 50 day moving average of $36.91 and a 200 day moving average of $35.70. First Trust Dow 30 Equal Weight ETF has a twelve month low of $32.02 and a twelve month high of $38.10. The firm has a market cap of $256.11 million, a PE 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.