JPL Wealth Management LLC Takes Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

JPL Wealth Management LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 127,868 shares of the company’s stock, valued at approximately $4,584,000. First Trust SMID Cap Rising Dividend Archievers ETF accounts for about 1.3% of JPL Wealth Management LLC’s investment portfolio, making the stock its 21st largest position.

A number of other hedge funds also recently made changes to their positions in the company. LPL Financial LLC raised its stake 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 valued at $654,371,000 after purchasing an additional 2,628,717 shares during the period. Raymond James Financial Inc. bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter worth $381,301,000. Capital Investment Advisors LLC boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 8.2% in the fourth 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 during the period. Park National Corp OH boosted its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 11.7% in the fourth quarter. Park National Corp OH now owns 2,827,593 shares of the company’s stock worth $101,369,000 after purchasing an additional 296,558 shares during the period. Finally, LVZ Inc. boosted 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 purchasing an additional 17,661 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $33.02 on Thursday. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $32.22 and a 12 month high of $40.60. The company has a market cap of $7.76 billion, a PE ratio of 13.44 and a beta of 1.21. The company has a fifty day moving average price of $36.26 and a two-hundred day moving average price of $36.65.

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.