World Equity Group Inc. Purchases 5,072 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

World Equity Group Inc. boosted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 4.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 121,054 shares of the company’s stock after acquiring an additional 5,072 shares during the period. First Trust SMID Cap Rising Dividend Archievers ETF accounts for about 0.9% of World Equity Group Inc.’s investment portfolio, making the stock its 23rd largest position. World Equity Group Inc. owned about 0.05% of First Trust SMID Cap Rising Dividend Archievers ETF worth $4,340,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at approximately $26,000. National Bank of Canada FI bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter valued at approximately $27,000. Grove Bank & Trust bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at approximately $27,000. Pineridge Advisors LLC raised its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 138.9% during the fourth quarter. Pineridge Advisors LLC now owns 762 shares of the company’s stock valued at $27,000 after buying an additional 443 shares during the last quarter. Finally, FSC Wealth Advisors LLC bought a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at approximately $29,000.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $35.71 on Friday. The firm’s 50 day moving average price is $36.71 and its 200-day moving average price is $36.63. First Trust SMID Cap Rising Dividend Archievers ETF has a 1 year low of $32.22 and a 1 year high of $40.60. The stock has a market cap of $8.19 billion, a P/E ratio of 12.91 and a beta of 1.20.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

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