Migdal Insurance & Financial Holdings Ltd. Makes New Investment in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,500 shares of the company’s stock, valued at approximately $448,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SDVY. LPL Financial LLC raised its position 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 in the last quarter. Raymond James & Associates raised its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 18.8% in the third quarter. Raymond James & Associates now owns 4,234,856 shares of the company’s stock valued at $154,064,000 after purchasing an additional 669,172 shares during the period. Advance Capital Management Inc. bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter valued at about $17,603,000. Strategic Financial Concepts LLC bought a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF in the fourth quarter valued at about $16,814,000. Finally, Stifel Financial Corp raised its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 16.3% in the third quarter. Stifel Financial Corp now owns 2,485,251 shares of the company’s stock valued at $90,415,000 after purchasing an additional 347,799 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Price Performance

Shares of SDVY opened at $36.74 on Friday. The firm has a market capitalization of $8.19 billion, a PE ratio of 8.30 and a beta of 1.18. The company’s 50-day moving average is $37.19 and its 200-day moving average is $36.54. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $31.50 and a fifty-two week high of $40.60.

First Trust SMID Cap Rising Dividend Archievers ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders 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.