POM Investment Strategies LLC Buys 3,512 Shares of First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW)

POM Investment Strategies LLC boosted its position in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 1.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 224,619 shares of the company’s stock after buying an additional 3,512 shares during the quarter. First Trust Dow 30 Equal Weight ETF makes up about 6.1% of POM Investment Strategies LLC’s investment portfolio, making the stock its 7th biggest holding. POM Investment Strategies LLC’s holdings in First Trust Dow 30 Equal Weight ETF were worth $8,147,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in 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 worth $110,000 after acquiring an additional 2,527 shares during the period. Allworth Financial LP grew its holdings in shares of First Trust Dow 30 Equal Weight ETF by 17.6% during the third quarter. Allworth Financial LP now owns 5,022 shares of the company’s stock valued at $181,000 after purchasing an additional 750 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of First Trust Dow 30 Equal Weight ETF during the 4th quarter worth approximately $237,000. Janney Montgomery Scott LLC acquired a new stake in shares of First Trust Dow 30 Equal Weight ETF during the 4th quarter worth approximately $243,000. Finally, Stifel Financial Corp lifted its holdings in shares of First Trust Dow 30 Equal Weight ETF by 10.6% in the 3rd quarter. Stifel Financial Corp now owns 9,555 shares of the company’s stock worth $344,000 after purchasing an additional 915 shares during the last quarter.

First Trust Dow 30 Equal Weight ETF Price Performance

NYSEARCA:EDOW opened at $37.68 on Tuesday. First Trust Dow 30 Equal Weight ETF has a 12-month low of $32.56 and a 12-month high of $38.19. The business has a 50 day simple moving average of $37.06 and a 200 day simple moving average of $36.04. The firm has a market capitalization of $261.88 million, a P/E 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.