Fidelity High Dividend ETF (NYSEARCA:FDVV) Holdings Raised by HBW Advisory Services LLC

HBW Advisory Services LLC lifted its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 86.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 47,222 shares of the company’s stock after acquiring an additional 21,925 shares during the quarter. HBW Advisory Services LLC’s holdings in Fidelity High Dividend ETF were worth $2,392,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. raised its position in Fidelity High Dividend ETF by 26.2% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 16,914 shares of the company’s stock valued at $766,000 after buying an additional 3,507 shares during the period. Stephens Inc. AR acquired a new position in shares of Fidelity High Dividend ETF in the 4th quarter valued at about $938,000. Oppenheimer & Co. Inc. lifted its position in shares of Fidelity High Dividend ETF by 52.0% in the first quarter. Oppenheimer & Co. Inc. now owns 23,279 shares of the company’s stock worth $1,055,000 after purchasing an additional 7,962 shares in the last quarter. First Foundation Advisors acquired a new stake in shares of Fidelity High Dividend ETF during the first quarter worth approximately $204,000. Finally, Raymond James Financial Services Advisors Inc. increased its stake in Fidelity High Dividend ETF by 0.3% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 222,397 shares of the company’s stock valued at $10,404,000 after buying an additional 762 shares during the period.

Fidelity High Dividend ETF Stock Performance

Shares of NYSEARCA FDVV traded down $0.02 during mid-day trading on Friday, reaching $50.33. The company had a trading volume of 302,859 shares, compared to its average volume of 322,763. The stock has a market capitalization of $2.90 billion, a PE ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a twelve month low of $36.94 and a twelve month high of $50.65. The stock’s 50 day moving average is $49.17 and its 200-day moving average is $47.16.

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.