Wintrust Investments LLC Increases Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Wintrust Investments LLC grew its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 17.8% in the fourth quarter, Holdings Channel reports. The firm owned 21,854 shares of the company’s stock after buying an additional 3,303 shares during the quarter. Wintrust Investments LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $783,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of SDVY. Raymond James Financial Inc. bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF during the 4th quarter worth approximately $381,301,000. LPL Financial LLC increased its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 17.1% during the third quarter. LPL Financial LLC now owns 17,987,114 shares of the company’s stock worth $654,371,000 after acquiring an additional 2,628,717 shares during the last quarter. Independent Advisor Alliance purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at approximately $50,719,000. HighTower Advisors LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 79.1% during the fourth quarter. HighTower Advisors LLC now owns 2,398,427 shares of the company’s stock valued at $85,984,000 after buying an additional 1,059,353 shares during the period. Finally, Private Advisor Group LLC boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 48.3% during the fourth quarter. Private Advisor Group LLC now owns 1,533,825 shares of the company’s stock valued at $54,988,000 after buying an additional 499,841 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

Shares of NASDAQ SDVY opened at $33.02 on Thursday. The firm has a market capitalization of $7.76 billion, a price-to-earnings ratio of 13.44 and a beta of 1.21. The stock has a 50 day moving average price of $36.26 and a 200 day moving average price of $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.

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.