Fidelity High Dividend ETF (NYSEARCA:FDVV) Shares Bought by Foresight Capital Management Advisors Inc.

Foresight Capital Management Advisors Inc. lifted its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 2.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 66,339 shares of the company’s stock after acquiring an additional 1,544 shares during the period. Fidelity High Dividend ETF accounts for approximately 2.1% of Foresight Capital Management Advisors Inc.’s holdings, making the stock its 16th biggest position. Foresight Capital Management Advisors Inc. owned approximately 0.11% of Fidelity High Dividend ETF worth $3,103,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Tower Research Capital LLC TRC bought a new stake in shares of Fidelity High Dividend ETF in the 4th quarter worth approximately $27,000. EverSource Wealth Advisors LLC bought a new stake in shares of Fidelity High Dividend ETF in the 1st quarter worth approximately $35,000. LifeSteps Financial Inc. bought a new stake in shares of Fidelity High Dividend ETF in the 1st quarter worth approximately $39,000. ICA Group Wealth Management LLC bought a new stake in shares of Fidelity High Dividend ETF in the 4th quarter worth approximately $86,000. Finally, Valley National Advisers Inc. raised its holdings in shares of Fidelity High Dividend ETF by 19.1% in the 1st quarter. Valley National Advisers Inc. now owns 3,042 shares of the company’s stock worth $137,000 after purchasing an additional 487 shares in the last quarter.

Fidelity High Dividend ETF Stock Up 1.6 %

Shares of FDVV stock traded up $0.74 during trading hours on Thursday, reaching $47.29. 302,759 shares of the stock traded hands, compared to its average volume of 301,082. Fidelity High Dividend ETF has a 1-year low of $36.94 and a 1-year high of $48.96. The business has a fifty day moving average price of $47.43 and a 200 day moving average price of $45.49. The firm has a market capitalization of $2.73 billion, a PE ratio of 11.51 and a beta of 0.82.

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.