First Trust Dow 30 Equal Weight ETF
EDOW
34 hedge funds and large institutions have $39.1M invested in First Trust Dow 30 Equal Weight ETF in 2021 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
17% more funds holding
Funds holding: 29 → 34 (+5)
3% more capital invested
Capital invested by funds: $38M → $39.1M (+$1.08M)
0.01% more ownership
Funds ownership: 51.74% → 51.74% (+0.01%)
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$6.87M |
| 2 |
CWAF
Core Wealth Advisors (Florida)
Lakeland,
Florida
|
+$4.71M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$894K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$885K |
| 5 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$680K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
-$15.6M |
| 2 |
Jane Street
New York
|
-$437K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$318K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$285K |
| 5 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
-$264K |
EDOW Hedge Fund Activity: Q1 2021 in Review
34 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow 30 Equal Weight ETF (EDOW) for Q1 2021, worth a combined $39.1M — up 2.8% from $38M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new EDOW positions and 4 closed out — a net gain of 5 holders — while 8 added to existing stakes and 13 trimmed.
The largest buyer was LPL Financial, adding an estimated $6.87M. The largest seller was Truist Financial, exiting entirely with an estimated $15.6M sold.
- 34 institutional investors held First Trust Dow 30 Equal Weight ETF (EDOW) as of Q1 2021, up from 29 in Q4 2020.
- Funds reported $39.1M of First Trust Dow 30 Equal Weight ETF stock for Q1 2021, up 2.8% quarter-over-quarter.
- 9 funds opened new First Trust Dow 30 Equal Weight ETF positions in Q1 2021 and 4 closed out, a net change of +5 holders.
- The largest First Trust Dow 30 Equal Weight ETF buyer in Q1 2021 was LPL Financial, an estimated $6.87M added.
- The largest First Trust Dow 30 Equal Weight ETF seller in Q1 2021 was Truist Financial, an estimated $15.6M sold.
Based on aggregated 13F filings for Q1 2021.