LFA Lugano Financial Advisors SA Buys New Shares in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

LFA Lugano Financial Advisors SA purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 190,046 shares of the company’s stock, valued at approximately $6,813,000. First Trust SMID Cap Rising Dividend Archievers ETF comprises 4.5% of LFA Lugano Financial Advisors SA’s holdings, making the stock its 2nd biggest holding.

Other institutional investors also recently modified their holdings of the company. Mascoma Wealth Management LLC purchased a new position in First Trust SMID Cap Rising Dividend Archievers ETF in the 4th quarter worth about $31,000. Avantax Advisory Services Inc. boosted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 25.4% in the fourth quarter. Avantax Advisory Services Inc. now owns 723,521 shares of the company’s stock worth $25,938,000 after buying an additional 146,659 shares during the period. Farther Finance Advisors LLC increased its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 90.9% in the fourth quarter. Farther Finance Advisors LLC now owns 67,744 shares of the company’s stock worth $2,429,000 after acquiring an additional 32,260 shares in the last quarter. Knuff & Co LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter valued at approximately $72,000. Finally, HighTower Advisors LLC lifted its position in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 79.1% in the 4th quarter. HighTower Advisors LLC now owns 2,398,427 shares of the company’s stock valued at $85,984,000 after acquiring an additional 1,059,353 shares in the last quarter.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

NASDAQ SDVY opened at $33.02 on Thursday. The firm’s 50 day moving average price is $36.26 and its two-hundred day moving average price is $36.65. First Trust SMID Cap Rising Dividend Archievers ETF has a twelve month low of $32.22 and a twelve month high of $40.60. The stock has a market cap of $7.76 billion, a price-to-earnings ratio of 13.44 and a beta of 1.21.

First Trust SMID Cap Rising Dividend Archievers ETF Company 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.