Short Interest in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Decreases By 50.1%

First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 77,500 shares, a decline of 50.1% from the December 15th total of 155,300 shares. Based on an average daily volume of 1,597,100 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On First Trust SMID Cap Rising Dividend Archievers ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Bank of New York Mellon Corp lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 33.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 11,546 shares of the company’s stock valued at $385,000 after buying an additional 2,919 shares during the last quarter. Oppenheimer & Co. Inc. lifted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 74.9% during the second quarter. Oppenheimer & Co. Inc. now owns 114,438 shares of the company’s stock valued at $3,820,000 after purchasing an additional 48,991 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 13.9% in the second quarter. Envestnet Asset Management Inc. now owns 2,021,868 shares of the company’s stock worth $67,490,000 after purchasing an additional 247,246 shares in the last quarter. Renaissance Technologies LLC raised its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 11.3% in the second quarter. Renaissance Technologies LLC now owns 67,000 shares of the company’s stock valued at $2,236,000 after purchasing an additional 6,800 shares during the period. Finally, Moors & Cabot Inc. lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 3.9% during the 2nd quarter. Moors & Cabot Inc. now owns 50,814 shares of the company’s stock valued at $1,696,000 after buying an additional 1,907 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 0.3 %

NASDAQ SDVY traded up $0.12 during trading hours on Thursday, reaching $37.43. 1,895,616 shares of the company were exchanged, compared to its average volume of 1,724,062. The stock has a market capitalization of $8.04 billion, a P/E ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $30.93 and a 1 year high of $40.60. The business’s 50 day simple moving average is $37.63 and its 200-day simple moving average is $36.17.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.1821 dividend. The ex-dividend date of this dividend was Friday, December 13th.

First Trust SMID Cap Rising Dividend Archievers ETF Company 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.