Fidelity International High Dividend ETF (NYSEARCA:FIDI) Stake Cut by Adell Harriman & Carpenter Inc.

Adell Harriman & Carpenter Inc. decreased its holdings in shares of Fidelity International High Dividend ETF (NYSEARCA:FIDI) by 12.6% in the 4th quarter, Holdings Channel reports. The firm owned 12,500 shares of the company’s stock after selling 1,800 shares during the quarter. Adell Harriman & Carpenter Inc.’s holdings in Fidelity International High Dividend ETF were worth $258,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of FIDI. Commonwealth Equity Services LLC boosted its stake in Fidelity International High Dividend ETF by 14.1% in the third quarter. Commonwealth Equity Services LLC now owns 224,696 shares of the company’s stock valued at $4,166,000 after acquiring an additional 27,818 shares during the period. Kestra Advisory Services LLC lifted its holdings in shares of Fidelity International High Dividend ETF by 17.7% in the 3rd quarter. Kestra Advisory Services LLC now owns 161,161 shares of the company’s stock worth $2,988,000 after purchasing an additional 24,267 shares during the last quarter. Beam Wealth Advisors Inc. boosted its holdings in shares of Fidelity International High Dividend ETF by 12.3% during the fourth quarter. Beam Wealth Advisors Inc. now owns 72,978 shares of the company’s stock valued at $1,503,000 after acquiring an additional 7,977 shares during the period. Envestnet Portfolio Solutions Inc. bought a new stake in Fidelity International High Dividend ETF in the 3rd quarter valued at about $222,000. Finally, International Assets Investment Management LLC acquired a new position in Fidelity International High Dividend ETF during the 4th quarter valued at about $42,000.

Fidelity International High Dividend ETF Stock Performance

Shares of NYSEARCA:FIDI traded down $0.05 during trading hours on Tuesday, hitting $20.69. The stock had a trading volume of 1,033 shares, compared to its average volume of 14,192. Fidelity International High Dividend ETF has a 1-year low of $17.70 and a 1-year high of $21.19. The stock’s fifty day simple moving average is $20.68 and its 200 day simple moving average is $19.99. The firm has a market capitalization of $97.24 million, a price-to-earnings ratio of 10.05 and a beta of 0.76.

About Fidelity International High Dividend ETF

The Fidelity International High Dividend ETF (FIDI) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a high-dividend, multi-factor index of large- and mid-cap stocks from developed markets ex-US. FIDI was launched on Jan 16, 2018 and is managed by Fidelity.