Genesis Private Wealth LLC Acquires Shares of 65,632 First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Genesis Private Wealth LLC purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the fourth quarter, Holdings Channel.com reports. The fund purchased 65,632 shares of the company’s stock, valued at approximately $2,353,000. First Trust SMID Cap Rising Dividend Archievers ETF makes up about 1.3% of Genesis Private Wealth LLC’s portfolio, making the stock its 24th biggest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of New York Mellon Corp boosted its position in First Trust SMID Cap Rising Dividend Archievers ETF by 33.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 11,546 shares of the company’s stock valued at $385,000 after buying an additional 2,919 shares during the period. Renaissance Technologies LLC lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 11.3% during the 2nd quarter. Renaissance Technologies LLC now owns 67,000 shares of the company’s stock worth $2,236,000 after purchasing an additional 6,800 shares during the last quarter. AE Wealth Management LLC raised its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 9.1% during the 2nd quarter. AE Wealth Management LLC now owns 45,052 shares of the company’s stock worth $1,504,000 after acquiring an additional 3,774 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 1.2% during the 2nd quarter. Thrivent Financial for Lutherans now owns 36,085 shares of the company’s stock worth $1,205,000 after acquiring an additional 417 shares in the last quarter. Finally, Insigneo Advisory Services LLC acquired a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the 2nd quarter worth $459,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of NASDAQ:SDVY opened at $37.99 on Wednesday. The company’s fifty day moving average price is $37.58 and its 200 day moving average price is $36.28. First Trust SMID Cap Rising Dividend Archievers ETF has a 12 month low of $31.40 and a 12 month high of $40.60. The firm has a market capitalization of $8.30 billion, a P/E ratio of 8.30 and a beta of 1.18.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid 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.