First Trust Dow 30 Equal Weight ETF
EDOW
63 hedge funds and large institutions have $145M invested in First Trust Dow 30 Equal Weight ETF in 2024 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 28 increasing their positions, 20 reducing their positions, and 9 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 20
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.76% less ownership
Funds ownership: 67.32% → 65.56% (-1.8%)
6% less capital invested
Capital invested by funds: $155M → $145M (-$9.75M)
9% less funds holding
Funds holding: 69 → 63 (-6)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
+$1.04M |
| 2 |
LPL Financial
San Diego,
California
|
+$957K |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$529K |
| 4 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$402K |
| 5 |
JSL
JT Stratford LLC
Gainesville,
Georgia
|
+$333K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GWA
Gratus Wealth Advisors
Virginia Beach,
Virginia
|
-$13.1M |
| 2 |
SIAS
Summit Investment Advisory Services
Roseville,
Minnesota
|
-$2.29M |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$2.15M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$1.39M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$1.14M |
EDOW Hedge Fund Activity: Q3 2024 in Review
63 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow 30 Equal Weight ETF (EDOW) for Q3 2024, worth a combined $145M — down 6.3% from $155M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of EDOW and 6 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 28 added.
The largest buyer was Benjamin Edwards Inc, opening a new position worth an estimated $1.04M. The largest seller was Gratus Wealth Advisors, cutting an estimated $13.1M.
- 63 institutional investors held First Trust Dow 30 Equal Weight ETF (EDOW) as of Q3 2024, down from 69 in Q2 2024.
- Funds reported $145M of First Trust Dow 30 Equal Weight ETF stock for Q3 2024, down 6.3% quarter-over-quarter.
- 6 funds opened new First Trust Dow 30 Equal Weight ETF positions in Q3 2024 and 9 closed out, a net change of -3 holders.
- The largest First Trust Dow 30 Equal Weight ETF buyer in Q3 2024 was Benjamin Edwards Inc, an estimated $1.04M added.
- The largest First Trust Dow 30 Equal Weight ETF seller in Q3 2024 was Gratus Wealth Advisors, an estimated $13.1M sold.
Based on aggregated 13F filings for Q3 2024.