SRS Capital Advisors Inc. Acquires Shares of 110,705 First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

SRS Capital Advisors Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the fourth quarter, Holdings Channel reports. The firm acquired 110,705 shares of the company’s stock, valued at approximately $3,969,000.

Other institutional investors also recently added to or reduced their stakes in the company. Assetmark Inc. boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 105.2% during the third quarter. Assetmark Inc. now owns 3,211 shares of the company’s stock valued at $117,000 after purchasing an additional 1,646 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.3% in the third quarter. Thrivent Financial for Lutherans now owns 36,550 shares of the company’s stock valued at $1,330,000 after acquiring an additional 465 shares during the last quarter. Redhawk Wealth Advisors Inc. raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 16.4% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 150,303 shares of the company’s stock valued at $5,388,000 after acquiring an additional 21,199 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 46.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 713,298 shares of the company’s stock valued at $25,572,000 after acquiring an additional 227,413 shares during the last quarter. Finally, Allworth Financial LP raised its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 28.5% in the fourth quarter. Allworth Financial LP now owns 12,950 shares of the company’s stock valued at $490,000 after acquiring an additional 2,872 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Up 0.8 %

NASDAQ:SDVY opened at $35.48 on Friday. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $32.22 and a 1 year high of $40.60. The firm has a 50 day moving average of $36.62 and a 200-day moving average of $36.71. The stock has a market capitalization of $7.91 billion, a P/E ratio of 12.91 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

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

About First Trust SMID Cap Rising Dividend Archievers ETF

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.