First Trust Dow 30 Equal Weight ETF
EDOW
70 hedge funds and large institutions have $155M invested in First Trust Dow 30 Equal Weight ETF in 2024 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 23 increasing their positions, 26 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
4% more funds holding
Funds holding: 67 → 70 (+3)
0.44% more ownership
Funds ownership: 67.04% → 67.49% (+0.44%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less capital invested
Capital invested by funds: $170M → $155M (-$14.9M)
12% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIAS
Summit Investment Advisory Services
Roseville,
Minnesota
|
+$2.29M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$1.39M |
| 3 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$1.25M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$750K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$694K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
-$8.03M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$4.68M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.27M |
| 4 |
HAS
HBW Advisory Services
Simi Valley,
California
|
-$1.55M |
| 5 |
GWA
Gratus Wealth Advisors
Virginia Beach,
Virginia
|
-$753K |
EDOW Hedge Fund Activity: Q2 2024 in Review
70 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in First Trust Dow 30 Equal Weight ETF (EDOW) for Q2 2024, worth a combined $155M — down 8.8% from $170M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new EDOW positions and 6 closed out — a net gain of 5 holders — while 23 added to existing stakes and 26 trimmed.
The largest buyer was Summit Investment Advisory Services, opening a new position worth an estimated $2.29M. The largest seller was Regal Investment Advisors, exiting entirely with an estimated $8.03M sold.
- 70 institutional investors held First Trust Dow 30 Equal Weight ETF (EDOW) as of Q2 2024, up from 67 in Q1 2024.
- Funds reported $155M of First Trust Dow 30 Equal Weight ETF stock for Q2 2024, down 8.8% quarter-over-quarter.
- 11 funds opened new First Trust Dow 30 Equal Weight ETF positions in Q2 2024 and 6 closed out, a net change of +5 holders.
- The largest First Trust Dow 30 Equal Weight ETF buyer in Q2 2024 was Summit Investment Advisory Services, an estimated $2.29M added.
- The largest First Trust Dow 30 Equal Weight ETF seller in Q2 2024 was Regal Investment Advisors, an estimated $8.03M sold.
Based on aggregated 13F filings for Q2 2024.