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First Trust Dow 30 Equal Weight ETF

60 hedge funds and large institutions have $162M invested in First Trust Dow 30 Equal Weight ETF in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 13 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 4

115% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 13

17% more capital invested

Capital invested by funds: $138M → $162M (+$23.8M)

9% more funds holding

Funds holding: 5560 (+5)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3.13% less ownership

Funds ownership: 73.04%69.91% (-3.1%)

Holders
60
Holders Change
+5
Holders Change %
+9.09%
% of All Funds
0.95%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
9
Increased
28
Reduced
13
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
26
Royal Bank of Canada
Ontario, Canada
$495K +$33.3K +1,101 +7%
SWP
27
Stratos Wealth Partners
Ohio
$409K
Stifel Financial
28
Stifel Financial
Missouri
$403K +$50.7K +1,677 +14%
IAS
29
Insigneo Advisory Services
Florida
$403K +$634 +21 +0.2%
Wealthfront Advisers
30
Wealthfront Advisers
California
$387K +$7.4K +245 +2%
Goldman Sachs
31
Goldman Sachs
New York
$379K
CAN
32
Cetera Advisor Networks
California
$344K +$156K +5,176 +78%
AAS
33
Avantax Advisory Services
Texas
$343K -$37.9K -1,253 -10%
KPWS
34
Kestra Private Wealth Services
Texas
$317K +$6.98K +231 +2%
DADC
35
D.A. Davidson & Co
Montana
$294K +$38K +1,258 +14%
WWM
36
Western Wealth Management
Colorado
$286K -$182K -6,040 -38%
Susquehanna International Group
37
Susquehanna International Group
Pennsylvania
$281K +$292K +9,671 New
Truist Financial
38
Truist Financial
North Carolina
$276K
Envestnet Portfolio Solutions
39
Envestnet Portfolio Solutions
Illinois
$256K +$266K +8,817 New
WE
40
Wealth Effects
Massachusetts
$254K -$21.1K -699 -7%
SFPG
41
Stonebridge Financial Planning Group
Florida
$230K
JWCA
42
J.W. Cole Advisors
Florida
$228K +$755 +25 +0.3%
Citadel Advisors
43
Citadel Advisors
Florida
$222K -$590K -19,541 -72%
CPIG
44
Chicago Partners Investment Group
Illinois
$215K +$725 +24 +0.3%
PAG
45
Private Advisor Group
New Jersey
$213K -$3.2K -106 -1%
GWM
46
Gray Wealth Management
Maine
$208K
NECFA
47
New England Capital Financial Advisors
Connecticut
$207K +$215K +7,124 New
OP
48
ORG Partners
Indiana
$112K
GWS
49
Glassman Wealth Services
Virginia
$91.7K
SPIA
50
Steward Partners Investment Advisory
New York
$72.9K +$302 +10 +0.4%

EDOW Hedge Fund Activity: Q3 2023 in Review

60 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow 30 Equal Weight ETF (EDOW) for Q3 2023, worth a combined $162M — up 17% from $138M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new EDOW positions and 4 closed out — a net gain of 5 holders — while 28 added to existing stakes and 13 trimmed.

The largest buyer was J. Arnold Wealth Management, opening a new position worth an estimated $12.1M. The largest seller was Ignite Planners, cutting an estimated $1.86M.

  • 60 institutional investors held First Trust Dow 30 Equal Weight ETF (EDOW) as of Q3 2023, up from 55 in Q2 2023.
  • Funds reported $162M of First Trust Dow 30 Equal Weight ETF stock for Q3 2023, up 17% quarter-over-quarter.
  • 9 funds opened new First Trust Dow 30 Equal Weight ETF positions in Q3 2023 and 4 closed out, a net change of +5 holders.
  • The largest First Trust Dow 30 Equal Weight ETF buyer in Q3 2023 was J. Arnold Wealth Management, an estimated $12.1M added.
  • The largest First Trust Dow 30 Equal Weight ETF seller in Q3 2023 was Ignite Planners, an estimated $1.86M sold.

Based on aggregated 13F filings for Q3 2023.