Foresight Capital Management Advisors Inc. Buys 1,544 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

Foresight Capital Management Advisors Inc. raised its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 2.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 66,339 shares of the company’s stock after acquiring an additional 1,544 shares during the quarter. Fidelity High Dividend ETF makes up approximately 2.1% of Foresight Capital Management Advisors Inc.’s investment portfolio, making the stock its 16th largest position. Foresight Capital Management Advisors Inc.’s holdings in Fidelity High Dividend ETF were worth $3,103,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Commonwealth Equity Services LLC raised its holdings in Fidelity High Dividend ETF by 19.4% in the 1st quarter. Commonwealth Equity Services LLC now owns 2,240,932 shares of the company’s stock valued at $101,537,000 after buying an additional 364,298 shares during the last quarter. Osaic Holdings Inc. raised its holdings in Fidelity High Dividend ETF by 17.2% in the 1st quarter. Osaic Holdings Inc. now owns 1,163,964 shares of the company’s stock valued at $52,744,000 after buying an additional 170,970 shares during the last quarter. Kestra Advisory Services LLC raised its holdings in Fidelity High Dividend ETF by 40.1% in the 1st quarter. Kestra Advisory Services LLC now owns 618,263 shares of the company’s stock valued at $28,013,000 after buying an additional 176,990 shares during the last quarter. Wells Fargo & Company MN raised its holdings in Fidelity High Dividend ETF by 27.5% in the 4th quarter. Wells Fargo & Company MN now owns 474,633 shares of the company’s stock valued at $20,068,000 after buying an additional 102,369 shares during the last quarter. Finally, McIlrath & Eck LLC raised its holdings in Fidelity High Dividend ETF by 11.2% in the 4th quarter. McIlrath & Eck LLC now owns 397,057 shares of the company’s stock valued at $16,788,000 after buying an additional 39,931 shares during the last quarter.

Fidelity High Dividend ETF Price Performance

NYSEARCA FDVV traded up $0.74 during trading hours on Thursday, reaching $47.29. The company’s stock had a trading volume of 302,759 shares, compared to its average volume of 301,082. The firm has a fifty day simple moving average of $47.43 and a 200-day simple moving average of $45.49. The stock has a market cap of $2.73 billion, a P/E ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a 52 week low of $36.94 and a 52 week high of $48.96.

Fidelity High Dividend ETF Company Profile

The Fidelity High Dividend ETF (FDVV) is an exchange-traded fund that is based on the Fidelity High Dividend index. The fund tracks an index of large- and mid-cap companies that exhibit positive dividend characteristics, with overweights to sectors that exhibit higher dividend yield. FDVV was launched on Sep 12, 2016 and is managed by Fidelity.