First Trust Dow 30 Equal Weight ETF $EDOW Shares Sold by Sigma Planning Corp

Sigma Planning Corp lessened its stake in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 60.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 20,185 shares of the company’s stock after selling 31,059 shares during the quarter. Sigma Planning Corp’s holdings in First Trust Dow 30 Equal Weight ETF were worth $774,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Atria Investments Inc increased its position in shares of First Trust Dow 30 Equal Weight ETF by 2.2% in the second quarter. Atria Investments Inc now owns 12,540 shares of the company’s stock valued at $481,000 after buying an additional 266 shares in the last quarter. Kovack Advisors Inc. increased its stake in shares of First Trust Dow 30 Equal Weight ETF by 0.6% in the 2nd quarter. Kovack Advisors Inc. now owns 52,609 shares of the company’s stock worth $2,017,000 after acquiring an additional 300 shares during the last quarter. Benjamin Edwards Inc. boosted its holdings in First Trust Dow 30 Equal Weight ETF by 1.1% in the 1st quarter. Benjamin Edwards Inc. now owns 29,888 shares of the company’s stock valued at $1,083,000 after purchasing an additional 320 shares during the last quarter. Private Advisor Group LLC lifted its holdings in First Trust Dow 30 Equal Weight ETF by 4.0% in the first quarter. Private Advisor Group LLC now owns 9,766 shares of the company’s stock valued at $354,000 after acquiring an additional 378 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of First Trust Dow 30 Equal Weight ETF by 0.8% during the 1st quarter. Cetera Investment Advisers now owns 57,104 shares of the company’s stock worth $2,069,000 after purchasing an additional 455 shares during the period.

First Trust Dow 30 Equal Weight ETF Stock Down 0.7%

NYSEARCA:EDOW opened at $40.23 on Friday. The stock has a market capitalization of $225.29 million, a price-to-earnings ratio of 20.87 and a beta of 0.91. The stock’s fifty day moving average is $39.97 and its two-hundred day moving average is $38.40. First Trust Dow 30 Equal Weight ETF has a 52 week low of $31.52 and a 52 week high of $41.12.

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.