Fidelity High Dividend ETF (NYSEARCA:FDVV) Shares Purchased by Stephens Inc. AR

Stephens Inc. AR raised its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 39.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 100,238 shares of the company’s stock after buying an additional 28,217 shares during the quarter. Stephens Inc. AR owned about 0.17% of Fidelity High Dividend ETF worth $5,006,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Melfa Wealth Management Inc. boosted its stake in shares of Fidelity High Dividend ETF by 1.5% during the fourth quarter. Melfa Wealth Management Inc. now owns 17,460 shares of the company’s stock valued at $872,000 after acquiring an additional 258 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its stake in shares of Fidelity High Dividend ETF by 5.1% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 5,370 shares of the company’s stock worth $272,000 after purchasing an additional 260 shares during the last quarter. Ballew Advisors Inc grew its holdings in shares of Fidelity High Dividend ETF by 1.0% during the fourth quarter. Ballew Advisors Inc now owns 27,908 shares of the company’s stock worth $1,380,000 after buying an additional 266 shares in the last quarter. Koshinski Asset Management Inc. raised its position in shares of Fidelity High Dividend ETF by 0.7% in the fourth quarter. Koshinski Asset Management Inc. now owns 40,983 shares of the company’s stock valued at $2,047,000 after buying an additional 273 shares during the last quarter. Finally, Tandem Capital Management Corp ADV lifted its stake in shares of Fidelity High Dividend ETF by 3.3% during the fourth quarter. Tandem Capital Management Corp ADV now owns 9,470 shares of the company’s stock valued at $473,000 after buying an additional 300 shares during the period.

Fidelity High Dividend ETF Stock Performance

FDVV stock opened at $51.34 on Tuesday. Fidelity High Dividend ETF has a one year low of $42.53 and a one year high of $52.78. The stock has a market capitalization of $2.96 billion, a P/E ratio of 11.51 and a beta of 0.82. The company has a 50 day moving average price of $50.76 and a two-hundred day moving average price of $50.36.

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.