24,470 Shares in Fidelity High Dividend ETF (NYSEARCA:FDVV) Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC bought a new position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 24,470 shares of the company’s stock, valued at approximately $1,223,000.

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

Fidelity High Dividend ETF Price Performance

Shares of FDVV opened at $50.18 on Thursday. The firm has a 50-day simple moving average of $51.23 and a two-hundred day simple moving average of $49.88. The stock has a market cap of $2.90 billion, a PE ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a 1-year low of $41.74 and a 1-year high of $52.78.

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.