Focus Financial Network Inc. Increases Stock Holdings in First Trust SMID Cap Rising Dividend Achievers ETF $SDVY

Focus Financial Network Inc. lifted its position in shares of First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) by 4.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 395,841 shares of the company’s stock after acquiring an additional 18,637 shares during the period. Focus Financial Network Inc.’s holdings in First Trust SMID Cap Rising Dividend Achievers ETF were worth $15,169,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in SDVY. Dynamic Advisor Solutions LLC grew its stake in First Trust SMID Cap Rising Dividend Achievers ETF by 2.2% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 122,473 shares of the company’s stock valued at $4,693,000 after acquiring an additional 2,644 shares during the last quarter. Marshall Financial Group LLC raised its position in First Trust SMID Cap Rising Dividend Achievers ETF by 12.9% during the fourth quarter. Marshall Financial Group LLC now owns 81,245 shares of the company’s stock worth $3,113,000 after acquiring an additional 9,305 shares during the last quarter. Dagco Inc. raised its position in First Trust SMID Cap Rising Dividend Achievers ETF by 3.1% during the fourth quarter. Dagco Inc. now owns 370,184 shares of the company’s stock worth $14,185,000 after acquiring an additional 11,135 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 2.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 595,961 shares of the company’s stock valued at $23,707,000 after purchasing an additional 15,796 shares in the last quarter. Finally, Genesis Private Wealth LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Achievers ETF by 12.6% in the fourth quarter. Genesis Private Wealth LLC now owns 84,533 shares of the company’s stock valued at $3,239,000 after purchasing an additional 9,446 shares in the last quarter.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

SDVY stock opened at $39.69 on Wednesday. The company’s 50 day simple moving average is $40.94 and its 200-day simple moving average is $39.14. First Trust SMID Cap Rising Dividend Achievers ETF has a 12 month low of $28.84 and a 12 month high of $42.89. The firm has a market capitalization of $9.95 billion, a PE ratio of 14.54 and a beta of 1.12.

First Trust SMID Cap Rising Dividend Achievers 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.