Fidelity International High Dividend ETF (NYSEARCA:FIDI) Stock Price Down 1.1% – What’s Next?

Fidelity International High Dividend ETF (NYSEARCA:FIDI)’s share price fell 1.1% on Monday . The company traded as low as $28.20 and last traded at $28.50. 121,233 shares changed hands during trading, an increase of 6% from the average session volume of 113,878 shares. The stock had previously closed at $28.83.

Fidelity International High Dividend ETF Stock Performance

The firm has a market cap of $259.35 million, a P/E ratio of 13.70 and a beta of 0.70. The firm has a fifty day moving average of $27.21 and a 200-day moving average of $25.65.

Hedge Funds Weigh In On Fidelity International High Dividend ETF

Several hedge funds and other institutional investors have recently modified their holdings of FIDI. Advisory Services Network LLC bought a new position in shares of Fidelity International High Dividend ETF during the third quarter worth about $86,000. Ameritas Advisory Services LLC boosted its stake in Fidelity International High Dividend ETF by 112.3% during the 3rd quarter. Ameritas Advisory Services LLC now owns 6,410 shares of the company’s stock valued at $157,000 after purchasing an additional 3,390 shares during the period. Farther Finance Advisors LLC grew its position in Fidelity International High Dividend ETF by 56.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,928 shares of the company’s stock worth $170,000 after purchasing an additional 2,500 shares during the last quarter. Envestnet Asset Management Inc. bought a new position in Fidelity International High Dividend ETF in the 3rd quarter worth about $223,000. Finally, Pathfinder Wealth Consulting Inc. acquired a new stake in shares of Fidelity International High Dividend ETF in the fourth quarter valued at approximately $254,000.

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.