First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers decreased its position in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 0.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 53,993 shares of the company’s stock after selling 445 shares during the quarter. Cetera Investment Advisers owned 0.78% of First Trust Dow 30 Equal Weight ETF worth $1,807,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its position in shares of First Trust Dow 30 Equal Weight ETF by 98.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,466 shares of the company’s stock worth $48,000 after acquiring an additional 727 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in First Trust Dow 30 Equal Weight ETF during the second quarter worth approximately $79,000. ORG Partners LLC purchased a new stake in shares of First Trust Dow 30 Equal Weight ETF during the 2nd quarter worth approximately $132,000. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of First Trust Dow 30 Equal Weight ETF by 18.8% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 8,969 shares of the company’s stock valued at $309,000 after buying an additional 1,422 shares in the last quarter. Finally, Gateway Wealth Partners LLC grew its position in shares of First Trust Dow 30 Equal Weight ETF by 12.4% in the 2nd quarter. Gateway Wealth Partners LLC now owns 10,852 shares of the company’s stock valued at $363,000 after buying an additional 1,196 shares during the last quarter.

First Trust Dow 30 Equal Weight ETF Trading Up 0.4 %

Shares of NYSEARCA EDOW opened at $36.31 on Tuesday. The stock has a market cap of $252.35 million, a P/E ratio of 20.85 and a beta of 0.71. The stock has a 50 day moving average of $34.99 and a two-hundred day moving average of $34.16. First Trust Dow 30 Equal Weight ETF has a twelve month low of $28.04 and a twelve month high of $36.34.

About First Trust Dow 30 Equal Weight ETF

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.