Parallel Advisors LLC Reduces Stock Holdings in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW)

Parallel Advisors LLC lessened its stake in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOWFree Report) by 20.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,394 shares of the company’s stock after selling 350 shares during the quarter. Parallel Advisors LLC’s holdings in First Trust Dow 30 Equal Weight ETF were worth $45,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of EDOW. Tidemark LLC purchased a new stake in shares of First Trust Dow 30 Equal Weight ETF during the fourth quarter worth about $27,000. Wealthcare Advisory Partners LLC increased its holdings in First Trust Dow 30 Equal Weight ETF by 2.9% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 48,742 shares of the company’s stock worth $1,589,000 after purchasing an additional 1,385 shares during the last quarter. Private Advisor Group LLC boosted its stake in shares of First Trust Dow 30 Equal Weight ETF by 19.0% during the 4th quarter. Private Advisor Group LLC now owns 8,729 shares of the company’s stock valued at $285,000 after buying an additional 1,395 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of First Trust Dow 30 Equal Weight ETF during the 4th quarter valued at approximately $2,353,000. Finally, Vestmark Advisory Solutions Inc. grew its position in shares of First Trust Dow 30 Equal Weight ETF by 1.8% during the fourth quarter. Vestmark Advisory Solutions Inc. now owns 325,407 shares of the company’s stock worth $10,608,000 after buying an additional 5,718 shares in the last quarter.

First Trust Dow 30 Equal Weight ETF Price Performance

EDOW opened at $33.81 on Friday. First Trust Dow 30 Equal Weight ETF has a 12-month low of $28.04 and a 12-month high of $34.50. The stock has a market capitalization of $234.98 million, a PE ratio of 20.85 and a beta of 0.71. The firm’s fifty day moving average price is $33.49 and its 200 day moving average price is $33.04.

First Trust Dow 30 Equal Weight ETF Profile

(Free Report)

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.

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

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