Moors & Cabot Inc. Grows Stock Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Moors & Cabot Inc. grew its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 23.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 75,599 shares of the company’s stock after buying an additional 14,588 shares during the quarter. Moors & Cabot Inc.’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $2,710,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in SDVY. Farmers & Merchants Investments Inc. acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter worth $26,000. National Bank of Canada FI acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter worth $27,000. Grove Bank & Trust acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter worth $27,000. Pineridge Advisors LLC lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 138.9% during the fourth quarter. Pineridge Advisors LLC now owns 762 shares of the company’s stock worth $27,000 after purchasing an additional 443 shares in the last quarter. Finally, FSC Wealth Advisors LLC acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter worth $29,000.

First Trust SMID Cap Rising Dividend Archievers ETF Trading Down 0.3 %

NASDAQ SDVY opened at $33.02 on Thursday. The company’s fifty day simple moving average is $36.26 and its 200-day simple moving average is $36.65. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $32.22 and a 52 week high of $40.60. The stock has a market cap of $7.76 billion, a P/E ratio of 13.44 and a beta of 1.21.

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.