Vestmark Advisory Solutions Inc. Purchases 3,239 Shares of First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW)

Vestmark Advisory Solutions Inc. boosted its position in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 1.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 341,227 shares of the company’s stock after buying an additional 3,239 shares during the quarter. Vestmark Advisory Solutions Inc. owned approximately 4.91% of First Trust Dow 30 Equal Weight ETF worth $12,376,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of EDOW. Private Trust Co. NA grew its position in shares of First Trust Dow 30 Equal Weight ETF by 303.0% in the fourth quarter. Private Trust Co. NA now owns 2,660 shares of the company’s stock valued at $96,000 after purchasing an additional 2,000 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in First Trust Dow 30 Equal Weight ETF by 471.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,063 shares of the company’s stock valued at $110,000 after purchasing an additional 2,527 shares during the period. Nations Financial Group Inc. IA ADV acquired a new stake in First Trust Dow 30 Equal Weight ETF in the 4th quarter valued at approximately $200,000. International Assets Investment Management LLC bought a new position in First Trust Dow 30 Equal Weight ETF in the 4th quarter worth approximately $237,000. Finally, Janney Montgomery Scott LLC acquired a new position in shares of First Trust Dow 30 Equal Weight ETF during the fourth quarter worth approximately $243,000.

First Trust Dow 30 Equal Weight ETF Trading Up 0.9 %

EDOW opened at $37.24 on Thursday. First Trust Dow 30 Equal Weight ETF has a 1-year low of $32.56 and a 1-year high of $38.24. The business has a 50 day moving average of $37.25 and a 200-day moving average of $36.52. The stock has a market capitalization 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 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.