Sanctuary Advisors LLC Has $760,000 Stock Holdings in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW)

Sanctuary Advisors LLC lifted its holdings in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 15.8% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,325 shares of the company’s stock after buying an additional 2,780 shares during the quarter. Sanctuary Advisors LLC owned about 0.29% of First Trust Dow 30 Equal Weight ETF worth $760,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new position in shares of First Trust Dow 30 Equal Weight ETF during the second quarter worth approximately $79,000. Allworth Financial LP boosted its holdings in First Trust Dow 30 Equal Weight ETF by 17.6% in the third quarter. Allworth Financial LP now owns 5,022 shares of the company’s stock valued at $181,000 after acquiring an additional 750 shares during the last quarter. Stifel Financial Corp increased its position in First Trust Dow 30 Equal Weight ETF by 10.6% in the third quarter. Stifel Financial Corp now owns 9,555 shares of the company’s stock worth $344,000 after purchasing an additional 915 shares during the period. Atria Investments Inc raised its holdings in First Trust Dow 30 Equal Weight ETF by 7.9% during the 3rd quarter. Atria Investments Inc now owns 10,658 shares of the company’s stock worth $383,000 after purchasing an additional 782 shares during the last quarter. Finally, Gateway Wealth Partners LLC lifted its position in First Trust Dow 30 Equal Weight ETF by 12.4% during the 2nd 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 Price Performance

Shares of NYSEARCA:EDOW opened at $36.59 on Tuesday. The stock has a market cap of $254.30 million, a price-to-earnings ratio of 20.85 and a beta of 0.71. The company has a 50 day moving average of $36.75 and a 200-day moving average of $35.29. First Trust Dow 30 Equal Weight ETF has a one year low of $31.98 and a one year high of $38.10.

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.