Stratos Wealth Partners LTD. Has $502,000 Position in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW)

Stratos Wealth Partners LTD. decreased its stake in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 15.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,847 shares of the company’s stock after selling 2,509 shares during the period. Stratos Wealth Partners LTD. owned 0.21% of First Trust Dow 30 Equal Weight ETF worth $502,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Janney Montgomery Scott LLC boosted its holdings in First Trust Dow 30 Equal Weight ETF by 6.8% in the first quarter. Janney Montgomery Scott LLC now owns 7,158 shares of the company’s stock valued at $259,000 after acquiring an additional 453 shares during the last quarter. Citadel Advisors LLC lifted its position in shares of First Trust Dow 30 Equal Weight ETF by 434.9% in the 4th quarter. Citadel Advisors LLC now owns 30,141 shares of the company’s stock worth $1,093,000 after purchasing an additional 24,506 shares during the period. Cetera Investment Advisers boosted its stake in shares of First Trust Dow 30 Equal Weight ETF by 8.7% in the 4th quarter. Cetera Investment Advisers now owns 56,649 shares of the company’s stock valued at $2,055,000 after purchasing an additional 4,535 shares during the last quarter. Stifel Financial Corp increased its position in shares of First Trust Dow 30 Equal Weight ETF by 7.6% during the fourth quarter. Stifel Financial Corp now owns 10,285 shares of the company’s stock worth $373,000 after buying an additional 730 shares during the period. Finally, Wells Fargo & Company MN bought a new position in First Trust Dow 30 Equal Weight ETF during the fourth quarter worth $66,000.

First Trust Dow 30 Equal Weight ETF Stock Up 0.1%

EDOW stock opened at $38.63 on Tuesday. The firm has a market cap of $222.05 million, a price-to-earnings ratio of 20.87 and a beta of 0.91. The company’s fifty day simple moving average is $37.29 and its 200 day simple moving average is $36.61. First Trust Dow 30 Equal Weight ETF has a 12-month low of $31.52 and a 12-month high of $39.05.

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.