A look at the weighted underlying holdings of the First Trust Dow 30 Equal Weight ETF (EDOW) shows an impressive 10.1% of holdings on a weighted basis have experienced insider buying within the past six months.
Dow Inc (Symbol: DOW), which makes up 3.80% of the First Trust Dow 30 Equal Weight ETF (EDOW), has seen 2 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $5,211,375 worth of DOW, making it the #4 largest holding. The table below details the recent insider buying activity observed at DOW:
DOW — last trade: $59.80 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 10/29/2021 | James R. Fitterling | Chairman and CEO | 5,000 | $56.03 | $280,148 |
| 10/29/2021 | Richard K. Davis | Director | 1,200 | $56.26 | $67,518 |
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