First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) Stock Short Interest Report for October

First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) was the recipient of a significant decrease in short interest in October. As of October 30th, there was short interest totaling 4,685 shares, a decrease of 76.9% from the October 15th total of 20,275 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 13,510 shares, the days-to-cover ratio is currently 0.3 days.

First Trust Dow 30 Equal Weight ETF Price Performance

Shares of First Trust Dow 30 Equal Weight ETF stock traded up $0.10 during trading on Friday, hitting $46.64. 17,858 shares of the company’s stock traded hands, compared to its average volume of 24,968. First Trust Dow 30 Equal Weight ETF has a 1 year low of $39.69 and a 1 year high of $48.25. The business has a 50-day simple moving average of $45.68 and a 200-day simple moving average of $44.03. The stock has a market capitalization of $328.81 million, a P/E ratio of 21.88 and a beta of 0.84.

Institutional Trading of First Trust Dow 30 Equal Weight ETF

A number of institutional investors have recently made changes to their positions in EDOW. Commonwealth Equity Services LLC bought a new stake in shares of First Trust Dow 30 Equal Weight ETF in the third quarter worth approximately $9,120,000. Kirkwood Financial Services bought a new position in First Trust Dow 30 Equal Weight ETF during the second quarter valued at approximately $6,174,000. Envestnet Asset Management Inc. lifted its position in First Trust Dow 30 Equal Weight ETF by 6.3% during the second quarter. Envestnet Asset Management Inc. now owns 131,091 shares of the company’s stock valued at $5,780,000 after purchasing an additional 7,825 shares during the period. Guardian Wealth Advisors LLC NC lifted its position in First Trust Dow 30 Equal Weight ETF by 0.9% during the second quarter. Guardian Wealth Advisors LLC NC now owns 84,278 shares of the company’s stock valued at $3,716,000 after purchasing an additional 750 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in First Trust Dow 30 Equal Weight ETF by 46.5% in the first quarter. Cetera Investment Advisers now owns 82,275 shares of the company’s stock worth $3,338,000 after purchasing an additional 26,125 shares during the last quarter.

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.