Purus Wealth Management LLC Purchases 2,497 Shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Purus Wealth Management LLC grew its position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 5.1% during the 4th quarter, HoldingsChannel reports. The firm owned 51,567 shares of the company’s stock after purchasing an additional 2,497 shares during the quarter. Purus Wealth Management LLC’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $1,849,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Avidian Wealth Enterprises LLC raised its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 2.0% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 15,054 shares of the company’s stock worth $548,000 after buying an additional 295 shares during the period. Legacy Capital Group California Inc. raised its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.8% during the third quarter. Legacy Capital Group California Inc. now owns 45,225 shares of the company’s stock worth $1,645,000 after purchasing an additional 343 shares during the period. Second Half Financial Partners LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 3.9% during the 3rd quarter. Second Half Financial Partners LLC now owns 9,740 shares of the company’s stock valued at $354,000 after purchasing an additional 365 shares in the last quarter. CX Institutional grew its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 0.4% in the 3rd quarter. CX Institutional now owns 94,576 shares of the company’s stock valued at $3,441,000 after purchasing an additional 383 shares during the period. Finally, Thrivent Financial for Lutherans increased 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 purchasing an additional 417 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

Shares of SDVY stock opened at $37.50 on Monday. First Trust SMID Cap Rising Dividend Archievers ETF has a 52 week low of $31.16 and a 52 week high of $40.60. The company’s 50 day moving average price is $37.61 and its two-hundred day moving average price is $36.25. The company has a market capitalization of $8.09 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 disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.1821 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.