Econ Financial Services Corp Decreases Position in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Econ Financial Services Corp decreased its holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 19.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,613 shares of the company’s stock after selling 4,744 shares during the period. Econ Financial Services Corp’s holdings in First Trust SMID Cap Rising Dividend Archievers ETF were worth $703,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Lion Street Advisors LLC grew its stake in First Trust SMID Cap Rising Dividend Archievers ETF by 20.8% during the 4th quarter. Lion Street Advisors LLC now owns 23,791 shares of the company’s stock worth $853,000 after purchasing an additional 4,091 shares in the last quarter. Stratos Wealth Partners LTD. boosted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 14.4% in the 4th quarter. Stratos Wealth Partners LTD. now owns 177,771 shares of the company’s stock valued at $6,373,000 after buying an additional 22,329 shares during the period. Commonwealth Financial Services LLC boosted its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 15.1% in the 4th quarter. Commonwealth Financial Services LLC now owns 21,681 shares of the company’s stock valued at $777,000 after buying an additional 2,848 shares during the period. Tempus Wealth Planning LLC acquired a new position in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter worth about $348,000. Finally, GDS Wealth Management increased its stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 4.8% during the fourth quarter. GDS Wealth Management now owns 404,829 shares of the company’s stock worth $14,513,000 after buying an additional 18,521 shares during the period.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Up 0.8 %

Shares of First Trust SMID Cap Rising Dividend Archievers ETF stock opened at $37.01 on Wednesday. First Trust SMID Cap Rising Dividend Archievers ETF has a 52-week low of $31.40 and a 52-week high of $40.60. The company has a market capitalization of $8.22 billion, a P/E ratio of 8.30 and a beta of 1.18. The company has a 50 day moving average of $37.36 and a 200 day moving average of $36.52.

First Trust SMID Cap Rising Dividend Archievers ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.1821 per share. The ex-dividend date 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.