MML Investors Services LLC Increases Position in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW)

MML Investors Services LLC boosted its holdings in shares of First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 1.8% during the third quarter, HoldingsChannel.com reports. The firm owned 17,820 shares of the company’s stock after purchasing an additional 320 shares during the period. MML Investors Services LLC’s holdings in First Trust Dow 30 Equal Weight ETF were worth $641,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Sanctuary Advisors LLC acquired a new position in shares of First Trust Dow 30 Equal Weight ETF during the 2nd quarter worth approximately $580,000. Atria Investments Inc raised its position in First Trust Dow 30 Equal Weight ETF by 7.9% during the third quarter. Atria Investments Inc now owns 10,658 shares of the company’s stock worth $383,000 after acquiring an additional 782 shares during the period. NewEdge Advisors LLC lifted its holdings in First Trust Dow 30 Equal Weight ETF by 17.6% during the second quarter. NewEdge Advisors LLC now owns 138,000 shares of the company’s stock valued at $4,619,000 after purchasing an additional 20,696 shares in the last quarter. Commonwealth Equity Services LLC grew its position in shares of First Trust Dow 30 Equal Weight ETF by 4.7% in the second quarter. Commonwealth Equity Services LLC now owns 152,404 shares of the company’s stock valued at $5,101,000 after purchasing an additional 6,903 shares during the period. Finally, Gateway Wealth Partners LLC grew its position in shares of First Trust Dow 30 Equal Weight ETF by 12.4% in the second quarter. Gateway Wealth Partners LLC now owns 10,852 shares of the company’s stock valued at $363,000 after purchasing an additional 1,196 shares during the period.

First Trust Dow 30 Equal Weight ETF Stock Up 0.9 %

EDOW opened at $36.54 on Friday. The company has a market cap of $253.95 million, a PE ratio of 20.85 and a beta of 0.71. First Trust Dow 30 Equal Weight ETF has a twelve month low of $31.98 and a twelve month high of $38.10. The company has a 50-day moving average price of $36.75 and a 200 day moving average price of $35.28.

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.