Gateway Wealth Partners LLC Boosts Holdings in First Trust Dow 30 Equal Weight ETF $EDOW

Gateway Wealth Partners LLC raised its position in First Trust Dow 30 Equal Weight ETF (NYSEARCA:EDOW) by 309.6% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 38,606 shares of the company’s stock after buying an additional 29,180 shares during the quarter. Gateway Wealth Partners LLC’s holdings in First Trust Dow 30 Equal Weight ETF were worth $1,566,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Cetera Investment Advisers lifted its stake in shares of First Trust Dow 30 Equal Weight ETF by 46.5% in the 1st quarter. Cetera Investment Advisers now owns 82,275 shares of the company’s stock worth $3,338,000 after acquiring an additional 26,125 shares during the period. Parallel Advisors LLC increased its stake in shares of First Trust Dow 30 Equal Weight ETF by 188.7% during the first quarter. Parallel Advisors LLC now owns 7,431 shares of the company’s stock worth $301,000 after acquiring an additional 4,857 shares during the period. Wealthfront Advisers LLC increased its stake in shares of First Trust Dow 30 Equal Weight ETF by 13.6% during the first quarter. Wealthfront Advisers LLC now owns 18,949 shares of the company’s stock worth $769,000 after acquiring an additional 2,265 shares during the period. Sanctuary Advisors LLC raised its holdings in First Trust Dow 30 Equal Weight ETF by 5.0% during the first quarter. Sanctuary Advisors LLC now owns 22,674 shares of the company’s stock worth $920,000 after purchasing an additional 1,080 shares in the last quarter. Finally, Kestra Advisory Services LLC raised its holdings in First Trust Dow 30 Equal Weight ETF by 12.7% during the first quarter. Kestra Advisory Services LLC now owns 48,816 shares of the company’s stock worth $1,980,000 after purchasing an additional 5,509 shares in the last quarter.

First Trust Dow 30 Equal Weight ETF Stock Up 1.8%

Shares of NYSEARCA:EDOW opened at $45.54 on Wednesday. The company has a market cap of $316.50 million, a P/E ratio of 20.87 and a beta of 0.83. First Trust Dow 30 Equal Weight ETF has a 52 week low of $37.83 and a 52 week high of $45.71. The company has a 50-day moving average price of $44.12 and a 200 day moving average price of $42.84.

First Trust Dow 30 Equal Weight ETF Company Profile

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.