First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Stock Position Lifted by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 322.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,148 shares of the company’s stock after buying an additional 19,964 shares during the period. Axxcess Wealth Management LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $937,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. LPL Financial LLC raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% during the third quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock worth $654,371,000 after acquiring an additional 2,628,717 shares in the last quarter. Raymond James Financial Inc. acquired a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter worth about $381,301,000. Capital Investment Advisors LLC raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 8.2% during the 4th quarter. Capital Investment Advisors LLC now owns 3,510,050 shares of the company’s stock worth $125,835,000 after purchasing an additional 267,372 shares in the last quarter. Park National Corp OH lifted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 11.7% during the 4th quarter. Park National Corp OH now owns 2,827,593 shares of the company’s stock valued at $101,369,000 after buying an additional 296,558 shares during the last quarter. Finally, LVZ Inc. increased its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 0.7% in the fourth quarter. LVZ Inc. now owns 2,726,811 shares of the company’s stock worth $97,756,000 after buying an additional 17,661 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

Shares of SDVY opened at $33.74 on Friday. The firm has a market cap of $7.52 billion, a PE ratio of 13.44 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a twelve month low of $32.22 and a twelve month high of $40.60. The firm’s 50 day moving average price is $35.94 and its 200 day moving average price is $36.55.

First Trust SMID Cap Rising Dividend Archievers ETF Profile

The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an equal-weighted index of small- and mid-cap US companies with historically increasing dividends and that meet various fundamental criteria. SDVY was launched on Nov 1, 2017 and is managed by First Trust.