Published on 9 May 2024 on Zacks via Yahoo Finance
If you're interested in broad exposure to the Mid Cap Value segment of the US equity market, look no further than the First Trust SMID Cap Rising Dividend Achievers ETF (SDVY), a passively managed exchange traded fund launched on 11/01/2017.
The fund is sponsored by First Trust Advisors. It has amassed assets over $4.22 billion, making it one of the larger ETFs attempting to match the Mid Cap Value segment of the US equity market.