Private Trust Co. NA Increases Stake in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW)

Private Trust Co. NA lifted its stake in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 303.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 2,660 shares of the company’s stock after purchasing an additional 2,000 shares during the quarter. Private Trust Co. NA’s holdings in First Trust Dow 30 Equal Weight ETF were worth $96,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in EDOW. MML Investors Services LLC raised its stake in First Trust Dow 30 Equal Weight ETF by 1.8% during the 3rd quarter. MML Investors Services LLC now owns 17,820 shares of the company’s stock worth $641,000 after acquiring an additional 320 shares during the period. Wealthcare Advisory Partners LLC increased its stake in shares of First Trust Dow 30 Equal Weight ETF by 0.6% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 63,245 shares of the company’s stock worth $2,294,000 after purchasing an additional 355 shares in the last quarter. Atria Investments Inc raised its position 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 period. Private Advisor Group LLC lifted its stake 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 buying an additional 873 shares in the last quarter. Finally, Stifel Financial Corp boosted its holdings in 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 buying an additional 915 shares during the period.

First Trust Dow 30 Equal Weight ETF Stock Down 1.6 %

NYSEARCA:EDOW opened at $36.91 on Wednesday. The business’s 50-day simple moving average is $37.24 and its two-hundred day simple moving average is $36.51. First Trust Dow 30 Equal Weight ETF has a 52 week low of $32.56 and a 52 week high of $38.24. The stock has a market cap of $230.69 million, a PE ratio of 24.03 and a beta of 0.91.

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.