Arvest Investments Inc. Has $6.65 Million Stock Holdings in First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY)

Arvest Investments Inc. raised its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) by 1.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 185,597 shares of the company’s stock after purchasing an additional 2,823 shares during the quarter. First Trust SMID Cap Rising Dividend Archievers ETF makes up 1.1% of Arvest Investments Inc.’s holdings, making the stock its 25th biggest position. Arvest Investments Inc. owned about 0.08% of First Trust SMID Cap Rising Dividend Archievers ETF worth $6,654,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of SDVY. Farmers & Merchants Investments Inc. acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter worth $26,000. National Bank of Canada FI acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the third quarter worth $27,000. Grove Bank & Trust acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter worth $27,000. Pineridge Advisors LLC lifted its holdings in shares of First Trust SMID Cap Rising Dividend Archievers ETF by 138.9% during the fourth quarter. Pineridge Advisors LLC now owns 762 shares of the company’s stock worth $27,000 after buying an additional 443 shares in the last quarter. Finally, FSC Wealth Advisors LLC acquired a new stake in shares of First Trust SMID Cap Rising Dividend Archievers ETF during the fourth quarter worth $29,000.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

SDVY opened at $33.90 on Thursday. 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. The company has a market capitalization of $7.55 billion, a P/E ratio of 13.44 and a beta of 1.18. The stock has a fifty day moving average of $35.99 and a 200-day moving average of $36.56.

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.