Maridea Wealth Management LLC Boosts Holdings in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Maridea Wealth Management LLC increased its stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 191.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 59,918 shares of the company’s stock after purchasing an additional 39,327 shares during the quarter. Maridea Wealth Management LLC’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $2,296,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of Jackson Hole Trust purchased a new stake in First Trust SMID Cap Rising Dividend Achievers ETF in the third quarter valued at $25,000. GoalVest Advisory LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the third quarter worth about $25,000. Princeton Global Asset Management LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF during the third quarter worth about $36,000. Bank of Montreal Can increased its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 4,082.8% during the second quarter. Bank of Montreal Can now owns 1,213 shares of the company’s stock worth $43,000 after purchasing an additional 1,184 shares in the last quarter. Finally, Archer Investment Corp purchased a new stake in shares of First Trust SMID Cap Rising Dividend Achievers ETF in the 2nd quarter valued at about $52,000.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Performance

First Trust SMID Cap Rising Dividend Achievers ETF stock opened at $38.66 on Friday. The company has a market capitalization of $9.69 billion, a P/E ratio of 14.54 and a beta of 1.12. First Trust SMID Cap Rising Dividend Achievers ETF has a fifty-two week low of $28.84 and a fifty-two week high of $42.89. The stock has a 50-day simple moving average of $40.96 and a 200-day simple moving average of $39.12.

First Trust SMID Cap Rising Dividend Achievers 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.