First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) Holdings Lowered by Stonebridge Financial Planning Group LLC

Stonebridge Financial Planning Group LLC decreased its stake in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 6.0% in the fourth quarter, HoldingsChannel reports. The firm owned 7,459 shares of the company’s stock after selling 478 shares during the period. Stonebridge Financial Planning Group LLC’s holdings in First Trust Dow 30 Equal Weight ETF were worth $243,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. New England Capital Financial Advisors LLC purchased a new stake in First Trust Dow 30 Equal Weight ETF during the third quarter valued at about $207,000. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of First Trust Dow 30 Equal Weight ETF in the 3rd quarter valued at approximately $256,000. HBW Advisory Services LLC purchased a new stake in shares of First Trust Dow 30 Equal Weight ETF in the 4th quarter valued at approximately $272,000. D.A. Davidson & CO. boosted its stake in First Trust Dow 30 Equal Weight ETF by 14.2% in the 3rd quarter. D.A. Davidson & CO. now owns 10,120 shares of the company’s stock worth $294,000 after purchasing an additional 1,258 shares during the period. Finally, Cambridge Investment Research Advisors Inc. grew its position in First Trust Dow 30 Equal Weight ETF by 21.1% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 54,225 shares of the company’s stock worth $1,574,000 after purchasing an additional 9,465 shares in the last quarter.

First Trust Dow 30 Equal Weight ETF Stock Down 1.1 %

Shares of NYSEARCA:EDOW opened at $32.79 on Wednesday. The company has a market cap of $232.81 million, a P/E ratio of 20.56 and a beta of 0.74. The company’s fifty day moving average is $33.59 and its two-hundred day moving average is $32.22. First Trust Dow 30 Equal Weight ETF has a 12-month low of $28.04 and a 12-month high of $34.46.

First Trust Dow 30 Equal Weight ETF Company Profile

The First Trust Dow 30 Equal Weight ETF (EDOW) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of companies included in the Dow Jones Industrial Average. EDOW was launched on Aug 8, 2017 and is managed by First Trust.