127,868 Shares in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Acquired by JPL Wealth Management LLC

JPL Wealth Management LLC bought a new position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 127,868 shares of the company’s stock, valued at approximately $4,584,000. First Trust SMID Cap Rising Dividend Archievers ETF comprises approximately 1.3% of JPL Wealth Management LLC’s portfolio, making the stock its 21st largest position. JPL Wealth Management LLC owned approximately 0.06% of First Trust SMID Cap Rising Dividend Archievers ETF as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Assetmark Inc. boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 105.2% in the third quarter. Assetmark Inc. now owns 3,211 shares of the company’s stock worth $117,000 after acquiring an additional 1,646 shares during the last quarter. Thrivent Financial for Lutherans boosted its position 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 worth $1,330,000 after acquiring an additional 465 shares during the last quarter. Redhawk Wealth Advisors Inc. boosted its position 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 position 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 worth $25,572,000 after acquiring an additional 227,413 shares during the last quarter. Finally, Allworth Financial LP raised its holdings in 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 buying an additional 2,872 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

NASDAQ SDVY opened at $33.02 on Thursday. First Trust SMID Cap Rising Dividend Archievers ETF has a one year low of $32.22 and a one year high of $40.60. The company’s 50 day moving average price is $36.26 and its 200 day moving average price is $36.65. The firm has a market capitalization of $7.76 billion, a price-to-earnings ratio of 13.44 and a beta of 1.21.

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.