First Trust Dow 30 Equal Weight ETF
EDOW
27 hedge funds and large institutions have $33.5M invested in First Trust Dow 30 Equal Weight ETF in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
50% more funds holding
Funds holding: 18 → 27 (+9)
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
21.14% less ownership
Funds ownership: 99.28% → 78.14% (-21%)
37% less capital invested
Capital invested by funds: $53.4M → $33.5M (-$19.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
+$5.34M |
| 2 |
Jane Street
New York
|
+$2.09M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.48M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.19M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$884K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$24.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$5.88M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.22M |
| 4 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$564K |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$321K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIC
26
Ameritas Investment Company
Lincoln,
Nebraska
| $8K | +$7.7K | +315 | New |
|
|
PO
27
Private Ocean
San Rafael,
California
| $3K | +$2.69K | +110 | New |
|
|
28
Envestnet Asset Management
Chicago,
Illinois
| – | -$3.22M | -131,934 | Closed |
|
|
IWM
29
IHT Wealth Management
Chicago,
Illinois
| – | -$564K | -23,059 | Closed |
|
|
AWM
30
AE Wealth Management
Topeka,
Kansas
| – | -$321K | -13,126 | Closed |
|
|
SS
31
Simplicity Solutions
Minneapolis,
Minnesota
| – | -$319K | -13,069 | Closed |
|
EDOW Hedge Fund Activity: Q3 2019 in Review
27 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow 30 Equal Weight ETF (EDOW) for Q3 2019, worth a combined $33.5M — down 37% from $53.4M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new EDOW positions and 4 closed out — a net gain of 9 holders — while 7 added to existing stakes and 6 trimmed.
The largest buyer was First Heartland Consultants, opening a new position worth an estimated $5.34M. The largest seller was BB&T Securities, cutting an estimated $24.7M.
- 27 institutional investors held First Trust Dow 30 Equal Weight ETF (EDOW) as of Q3 2019, up from 18 in Q2 2019.
- Funds reported $33.5M of First Trust Dow 30 Equal Weight ETF stock for Q3 2019, down 37% quarter-over-quarter.
- 13 funds opened new First Trust Dow 30 Equal Weight ETF positions in Q3 2019 and 4 closed out, a net change of +9 holders.
- The largest First Trust Dow 30 Equal Weight ETF buyer in Q3 2019 was First Heartland Consultants, an estimated $5.34M added.
- The largest First Trust Dow 30 Equal Weight ETF seller in Q3 2019 was BB&T Securities, an estimated $24.7M sold.
Based on aggregated 13F filings for Q3 2019.