Raymond James & Associates Has $1.94 Million Holdings in Siren DIVCON Leaders Dividend ETF (BATS:LEAD)

Raymond James & Associates cut its position in Siren DIVCON Leaders Dividend ETF (BATS:LEAD) by 12.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 31,960 shares of the company’s stock after selling 4,750 shares during the period. Raymond James & Associates owned 4.00% of Siren DIVCON Leaders Dividend ETF worth $1,944,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in LEAD. Money Concepts Capital Corp acquired a new position in shares of Siren DIVCON Leaders Dividend ETF during the fourth quarter worth approximately $26,000. Advisor Group Holdings Inc. lifted its position in shares of Siren DIVCON Leaders Dividend ETF by 866.0% during the fourth quarter. Advisor Group Holdings Inc. now owns 3,603 shares of the company’s stock worth $176,000 after purchasing an additional 3,230 shares in the last quarter. Wolff Wiese Magana LLC lifted its position in shares of Siren DIVCON Leaders Dividend ETF by 17.3% during the third quarter. Wolff Wiese Magana LLC now owns 4,464 shares of the company’s stock worth $245,000 after purchasing an additional 658 shares in the last quarter. WealthPLAN Partners LLC acquired a new position in shares of Siren DIVCON Leaders Dividend ETF during the fourth quarter worth approximately $285,000. Finally, WealthPlan Investment Management LLC lifted its position in shares of Siren DIVCON Leaders Dividend ETF by 1,039.0% during the third quarter. WealthPlan Investment Management LLC now owns 5,513 shares of the company’s stock worth $302,000 after purchasing an additional 5,029 shares in the last quarter.

Siren DIVCON Leaders Dividend ETF Trading Down 0.7 %

Shares of LEAD stock opened at $62.05 on Thursday. Siren DIVCON Leaders Dividend ETF has a 1 year low of $27.00 and a 1 year high of $34.32. The firm’s 50 day moving average is $64.37 and its 200-day moving average is $60.32. The firm has a market capitalization of $55.85 million, a price-to-earnings ratio of 24.12 and a beta of 1.02.

Siren DIVCON Leaders Dividend ETF Profile

The Siren DIVCON Leaders Dividend ETF (LEAD) is an exchange-traded fund that is based on the Siren DIVCON Leaders Dividend index. The fund tracks an index of dividend-paying US large-cap stocks that are deemed likely to increase their dividends in the next twelve months. LEAD was launched on Jan 6, 2016 and is managed by Siren.