76,708 Shares in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC purchased a new position in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 76,708 shares of the company’s stock, valued at approximately $2,353,000. International Assets Investment Management LLC owned approximately 1.02% of First Trust Dow 30 Equal Weight ETF as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. UBS Group AG grew its stake in First Trust Dow 30 Equal Weight ETF by 29.5% during the third quarter. UBS Group AG now owns 1,583 shares of the company’s stock worth $46,000 after buying an additional 361 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in First Trust Dow 30 Equal Weight ETF by 2.1% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 23,841 shares of the company’s stock worth $740,000 after buying an additional 487 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its stake in First Trust Dow 30 Equal Weight ETF by 3.6% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 25,138 shares of the company’s stock worth $757,000 after buying an additional 880 shares during the last quarter. ICA Group Wealth Management LLC bought a new stake in First Trust Dow 30 Equal Weight ETF during the fourth quarter worth about $29,000. Finally, Royal Bank of Canada grew its stake in First Trust Dow 30 Equal Weight ETF by 6.9% during the third quarter. Royal Bank of Canada now owns 17,059 shares of the company’s stock worth $495,000 after buying an additional 1,101 shares during the last quarter.

First Trust Dow 30 Equal Weight ETF Trading Up 0.3 %

Shares of First Trust Dow 30 Equal Weight ETF stock opened at $32.79 on Friday. The stock has a market capitalization of $232.81 million, a price-to-earnings ratio of 20.56 and a beta of 0.74. First Trust Dow 30 Equal Weight ETF has a 1-year low of $28.04 and a 1-year high of $34.46. The firm’s 50-day moving average price is $33.62 and its two-hundred day moving average price is $31.97.

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.