PKS Advisory Services LLC Takes Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

PKS Advisory Services LLC acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 37,675 shares of the company’s stock, valued at approximately $1,351,000.

Several other hedge funds have also recently added to or reduced their stakes in SDVY. Creative Financial Designs Inc. ADV grew its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 51.1% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 67,526 shares of the company’s stock valued at $2,421,000 after purchasing an additional 22,828 shares during the last quarter. Thrivent Financial for Lutherans grew its holdings in First Trust SMID Cap Rising Dividend Archievers ETF by 1.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 36,550 shares of the company’s stock valued at $1,330,000 after buying an additional 465 shares during the last quarter. Redhawk Wealth Advisors Inc. raised its holdings 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 worth $5,388,000 after acquiring an additional 21,199 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 46.8% during 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 increased its position in First Trust SMID Cap Rising Dividend Archievers ETF by 28.5% during the 4th quarter. Allworth Financial LP now owns 12,950 shares of the company’s stock worth $490,000 after purchasing an additional 2,872 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Up 2.4 %

NASDAQ:SDVY opened at $34.42 on Tuesday. 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 firm has a market cap of $7.67 billion, a price-to-earnings ratio of 13.44 and a beta of 1.18. The company’s 50-day moving average is $35.88 and its two-hundred day moving average 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.