Cambridge Investment Research Advisors Inc. Buys 1,881 Shares of First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW)

Cambridge Investment Research Advisors Inc. raised its stake in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOWGet Rating) by 8.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,614 shares of the company’s stock after purchasing an additional 1,881 shares during the period. Cambridge Investment Research Advisors Inc. owned approximately 0.44% of First Trust Dow 30 Equal Weight ETF worth $681,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Ignite Planners LLC acquired a new position in shares of First Trust Dow 30 Equal Weight ETF in the 4th quarter valued at $5,992,000. Envestnet Asset Management Inc. raised its stake in shares of First Trust Dow 30 Equal Weight ETF by 5.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 97,792 shares of the company’s stock valued at $2,427,000 after buying an additional 5,154 shares in the last quarter. LPL Financial LLC raised its stake in shares of First Trust Dow 30 Equal Weight ETF by 23.8% in the 4th quarter. LPL Financial LLC now owns 1,105,892 shares of the company’s stock valued at $31,883,000 after buying an additional 212,693 shares in the last quarter. Parallel Advisors LLC acquired a new position in shares of First Trust Dow 30 Equal Weight ETF in the 4th quarter valued at $50,000. Finally, U.S. Capital Wealth Advisors LLC acquired a new position in shares of First Trust Dow 30 Equal Weight ETF in the 4th quarter valued at $29,000.

First Trust Dow 30 Equal Weight ETF Stock Performance

Shares of EDOW stock opened at $29.29 on Tuesday. First Trust Dow 30 Equal Weight ETF has a 52-week low of $24.82 and a 52-week high of $30.29. The stock has a market cap of $159.63 million, a price-to-earnings ratio of 15.07 and a beta of 0.92. The firm has a fifty day moving average of $29.39 and a 200-day moving average of $29.37.

First Trust Dow 30 Equal Weight ETF Profile

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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.

Further Reading

Institutional Ownership by Quarter for First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW)

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