Insight Inv LLC Makes New Investment in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Insight Inv LLC purchased a new stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 21,475 shares of the company’s stock, valued at approximately $770,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Renaissance Technologies LLC grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 11.3% in the 2nd quarter. Renaissance Technologies LLC now owns 67,000 shares of the company’s stock valued at $2,236,000 after buying an additional 6,800 shares during the last quarter. Thrivent Financial for Lutherans grew its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 1.2% in the second quarter. Thrivent Financial for Lutherans now owns 36,085 shares of the company’s stock valued at $1,205,000 after purchasing an additional 417 shares during the last quarter. Arkos Global Advisors increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 5.8% in the second quarter. Arkos Global Advisors now owns 27,848 shares of the company’s stock worth $930,000 after purchasing an additional 1,520 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 18.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 799,907 shares of the company’s stock worth $26,701,000 after purchasing an additional 123,349 shares during the period. Finally, NewEdge Advisors LLC lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 46.5% during the 2nd quarter. NewEdge Advisors LLC now owns 154,940 shares of the company’s stock worth $5,172,000 after purchasing an additional 49,160 shares during the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Down 0.4 %

SDVY opened at $37.80 on Friday. The stock’s 50 day moving average price is $37.53 and its two-hundred day moving average price is $36.40. The firm has a market capitalization of $8.28 billion, a P/E ratio of 8.30 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a 12-month low of $31.40 and a 12-month high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.1821 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.