First Trust Dow 30 Equal Weight ETF $EDOW Shares Newly Bought by Wedbush Securities Inc.

Wedbush Securities Inc. bought a new stake in shares of First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,500 shares of the company’s stock, valued at approximately $554,000. Wedbush Securities Inc. owned about 0.18% of First Trust Dow 30 Equal Weight ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Kirkwood Financial Services acquired a new stake in First Trust Dow 30 Equal Weight ETF in the second quarter valued at approximately $6,174,000. Envestnet Asset Management Inc. grew its stake in First Trust Dow 30 Equal Weight ETF by 6.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 131,091 shares of the company’s stock worth $5,780,000 after buying an additional 7,825 shares during the last quarter. Guardian Wealth Advisors LLC NC grew its stake in First Trust Dow 30 Equal Weight ETF by 0.9% during the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 84,278 shares of the company’s stock worth $3,716,000 after buying an additional 750 shares during the last quarter. Wealthcare Advisory Partners LLC increased its position in First Trust Dow 30 Equal Weight ETF by 7.2% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 77,225 shares of the company’s stock valued at $3,405,000 after buying an additional 5,186 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in First Trust Dow 30 Equal Weight ETF by 46.5% during the 1st quarter. Cetera Investment Advisers now owns 82,275 shares of the company’s stock valued at $3,338,000 after buying an additional 26,125 shares in the last quarter.

First Trust Dow 30 Equal Weight ETF Stock Performance

First Trust Dow 30 Equal Weight ETF stock opened at $46.21 on Wednesday. The stock has a 50-day moving average of $45.62 and a two-hundred day moving average of $43.75. First Trust Dow 30 Equal Weight ETF has a one year low of $39.69 and a one year high of $46.90. The stock has a market cap of $323.47 million, a PE ratio of 20.87 and a beta of 0.84.

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.