REAP Financial Group LLC Sells 3,126 Shares of First Trust Dow 30 Equal Weight ETF $EDOW

REAP Financial Group LLC lessened its holdings in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 37.8% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,153 shares of the company’s stock after selling 3,126 shares during the quarter. REAP Financial Group LLC’s holdings in First Trust Dow 30 Equal Weight ETF were worth $198,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Benjamin Edwards Inc. boosted its stake in shares of First Trust Dow 30 Equal Weight ETF by 1.1% during the first 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 period. Private Advisor Group LLC boosted its position in First Trust Dow 30 Equal Weight ETF by 4.0% in the 1st quarter. Private Advisor Group LLC now owns 9,766 shares of the company’s stock valued at $354,000 after buying an additional 378 shares during the period. Janney Montgomery Scott LLC boosted its position in First Trust Dow 30 Equal Weight ETF by 6.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 7,158 shares of the company’s stock valued at $259,000 after buying an additional 453 shares during the period. Cetera Investment Advisers boosted its position in First Trust Dow 30 Equal Weight ETF by 0.8% in the 1st quarter. Cetera Investment Advisers now owns 57,104 shares of the company’s stock valued at $2,069,000 after buying an additional 455 shares during the period. Finally, Kestra Advisory Services LLC increased its position in shares of First Trust Dow 30 Equal Weight ETF by 2.5% during the first quarter. Kestra Advisory Services LLC now owns 48,396 shares of the company’s stock worth $1,753,000 after acquiring an additional 1,202 shares during the period.

First Trust Dow 30 Equal Weight ETF Stock Performance

Shares of NYSEARCA:EDOW opened at $40.03 on Wednesday. The firm has a market cap of $224.17 million, a PE ratio of 20.87 and a beta of 0.91. The firm’s 50 day simple moving average is $39.42 and its 200-day simple moving average is $37.56. First Trust Dow 30 Equal Weight ETF has a one year low of $31.52 and a one year high of $40.48.

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.