AlphaMark Advisors LLC Makes New Investment in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

AlphaMark Advisors LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 875 shares of the company’s stock, valued at approximately $31,000.

Other hedge funds also recently made changes to their positions in the company. LPL Financial LLC raised its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% in the third quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock worth $654,371,000 after purchasing an additional 2,628,717 shares in the last quarter. Park National Corp OH grew its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 292.0% in the 3rd quarter. Park National Corp OH now owns 2,531,035 shares of the company’s stock worth $92,079,000 after buying an additional 1,885,435 shares during the period. Raymond James & Associates increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 18.8% in the 3rd quarter. Raymond James & Associates now owns 4,234,856 shares of the company’s stock worth $154,064,000 after acquiring an additional 669,172 shares in the last quarter. Cetera Investment Advisers lifted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 31.6% during the 2nd quarter. Cetera Investment Advisers now owns 2,421,412 shares of the company’s stock valued at $80,827,000 after acquiring an additional 580,783 shares during the period. Finally, Advance Capital Management Inc. bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter worth about $17,603,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

Shares of NASDAQ SDVY opened at $37.80 on Monday. The company has a 50 day simple moving average of $37.53 and a two-hundred day simple moving average of $36.42. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $31.40 and a fifty-two week high of $40.60. The company has a market capitalization of $8.28 billion, a price-to-earnings ratio of 8.30 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 dividend of $0.1821 per share. 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.