Harbour Investments Inc. Sells 1,118 Shares of First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW)

Harbour Investments Inc. lowered its holdings in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 9.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,581 shares of the company’s stock after selling 1,118 shares during the quarter. Harbour Investments Inc. owned 0.15% of First Trust Dow 30 Equal Weight ETF worth $381,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Atria Investments Inc grew its stake in shares of First Trust Dow 30 Equal Weight ETF by 7.9% in the 3rd quarter. Atria Investments Inc now owns 10,658 shares of the company’s stock valued at $383,000 after purchasing an additional 782 shares during the period. Allworth Financial LP grew its position in First Trust Dow 30 Equal Weight ETF by 17.6% in the third quarter. Allworth Financial LP now owns 5,022 shares of the company’s stock valued at $181,000 after acquiring an additional 750 shares during the period. Sanctuary Advisors LLC acquired a new position in First Trust Dow 30 Equal Weight ETF during the second quarter worth $580,000. Gateway Wealth Partners LLC lifted its holdings in shares of First Trust Dow 30 Equal Weight ETF by 12.4% during the second quarter. Gateway Wealth Partners LLC now owns 10,852 shares of the company’s stock valued at $363,000 after acquiring an additional 1,196 shares during the period. Finally, NewEdge Advisors LLC boosted its stake in shares of First Trust Dow 30 Equal Weight ETF by 17.6% in the 2nd quarter. NewEdge Advisors LLC now owns 138,000 shares of the company’s stock valued at $4,619,000 after purchasing an additional 20,696 shares in the last quarter.

First Trust Dow 30 Equal Weight ETF Stock Performance

Shares of EDOW stock opened at $36.61 on Friday. First Trust Dow 30 Equal Weight ETF has a 52 week low of $30.09 and a 52 week high of $37.15. The stock has a market capitalization of $254.45 million, a PE ratio of 20.85 and a beta of 0.71. The stock’s fifty day moving average is $35.88 and its 200-day moving average is $34.62.

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.