Fidelity High Dividend ETF (NYSEARCA:FDVV) Shares Bought by HBW Advisory Services LLC

HBW Advisory Services LLC grew its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 7.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,518 shares of the company’s stock after purchasing an additional 3,296 shares during the quarter. HBW Advisory Services LLC owned approximately 0.09% of Fidelity High Dividend ETF worth $2,523,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of FDVV. Commonwealth Equity Services LLC boosted its holdings in Fidelity High Dividend ETF by 11.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 2,768,581 shares of the company’s stock worth $140,229,000 after buying an additional 287,984 shares during the last quarter. Systelligence LLC purchased a new position in shares of Fidelity High Dividend ETF in the third quarter valued at approximately $14,355,000. Kestra Investment Management LLC acquired a new stake in shares of Fidelity High Dividend ETF in the second quarter worth approximately $12,937,000. Envestnet Asset Management Inc. increased its position in shares of Fidelity High Dividend ETF by 35.7% during the second quarter. Envestnet Asset Management Inc. now owns 1,020,505 shares of the company’s stock worth $47,739,000 after purchasing an additional 268,292 shares in the last quarter. Finally, Childress Capital Advisors LLC lifted its holdings in Fidelity High Dividend ETF by 38.5% in the 3rd quarter. Childress Capital Advisors LLC now owns 759,709 shares of the company’s stock valued at $38,479,000 after purchasing an additional 211,267 shares in the last quarter.

Fidelity High Dividend ETF Trading Down 1.5 %

FDVV traded down $0.76 on Friday, hitting $49.42. 747,459 shares of the company’s stock were exchanged, compared to its average volume of 681,182. Fidelity High Dividend ETF has a fifty-two week low of $41.74 and a fifty-two week high of $52.78. The stock has a market cap of $2.85 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82. The firm has a 50-day moving average price of $51.23 and a 200-day moving average price of $49.89.

About Fidelity High Dividend ETF

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.