Vestmark Advisory Solutions Inc. Has $12.38 Million Stock Position in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW)

Vestmark Advisory Solutions Inc. lifted its position in shares of First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 1.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 341,227 shares of the company’s stock after purchasing an additional 3,239 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in First Trust Dow 30 Equal Weight ETF were worth $12,376,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Raymond James Financial Inc. bought a new position in First Trust Dow 30 Equal Weight ETF in the fourth quarter worth $4,420,000. Atria Investments Inc raised its stake in shares of First Trust Dow 30 Equal Weight ETF by 14.7% in the 4th quarter. Atria Investments Inc now owns 12,228 shares of the company’s stock valued at $444,000 after buying an additional 1,570 shares in the last quarter. Private Trust Co. NA lifted its holdings in shares of First Trust Dow 30 Equal Weight ETF by 303.0% during the 4th quarter. Private Trust Co. NA now owns 2,660 shares of the company’s stock worth $96,000 after acquiring an additional 2,000 shares during the period. Private Advisor Group LLC boosted its position in shares of First Trust Dow 30 Equal Weight ETF by 10.3% during the 4th quarter. Private Advisor Group LLC now owns 9,388 shares of the company’s stock valued at $340,000 after acquiring an additional 873 shares in the last quarter. Finally, D.A. Davidson & CO. increased its stake in First Trust Dow 30 Equal Weight ETF by 8.5% in the fourth quarter. D.A. Davidson & CO. now owns 25,165 shares of the company’s stock valued at $913,000 after acquiring an additional 1,965 shares during the period.

First Trust Dow 30 Equal Weight ETF Stock Up 0.9 %

Shares of EDOW opened at $37.24 on Thursday. The company has a 50-day moving average price of $37.25 and a two-hundred day moving average price of $36.52. The stock has a market cap of $232.75 million, a price-to-earnings ratio of 24.03 and a beta of 0.91. First Trust Dow 30 Equal Weight ETF has a 12 month low of $32.56 and a 12 month high of $38.24.

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.