Ipsen Advisor Group LLC Takes Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Ipsen Advisor Group LLC bought a new stake in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 48,498 shares of the company’s stock, valued at approximately $1,739,000. First Trust SMID Cap Rising Dividend Archievers ETF makes up about 1.5% of Ipsen Advisor Group LLC’s investment portfolio, making the stock its 16th biggest holding.

A number of other hedge funds also recently bought and sold shares of the business. Creative Financial Designs Inc. ADV increased its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 51.1% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 67,526 shares of the company’s stock worth $2,421,000 after buying an additional 22,828 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 1.3% during the third quarter. Thrivent Financial for Lutherans now owns 36,550 shares of the company’s stock worth $1,330,000 after acquiring an additional 465 shares during the last quarter. Redhawk Wealth Advisors Inc. raised its position in First Trust SMID Cap Rising Dividend Archievers ETF by 16.4% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 150,303 shares of the company’s stock valued at $5,388,000 after purchasing an additional 21,199 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 46.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 713,298 shares of the company’s stock valued at $25,572,000 after purchasing an additional 227,413 shares during the last quarter. Finally, Allworth Financial LP boosted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 28.5% in the 4th quarter. Allworth Financial LP now owns 12,950 shares of the company’s stock worth $490,000 after purchasing an additional 2,872 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

NASDAQ:SDVY opened at $34.35 on Wednesday. The stock’s fifty day moving average is $35.83 and its 200 day moving average is $36.55. The firm has a market capitalization of $7.65 billion, a PE ratio of 13.44 and a beta of 1.18. First Trust SMID Cap Rising Dividend Archievers ETF has a fifty-two week low of $32.22 and a fifty-two week high of $40.60.

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.