Captrust Financial Advisors Reduces Position in Fidelity High Yield Factor ETF (NYSEARCA:FDHY)

Captrust Financial Advisors cut its holdings in shares of Fidelity High Yield Factor ETF (NYSEARCA:FDHY) by 22.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,450 shares of the company’s stock after selling 7,524 shares during the period. Captrust Financial Advisors owned approximately 0.40% of Fidelity High Yield Factor ETF worth $1,228,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in shares of Fidelity High Yield Factor ETF by 422.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 12,465 shares of the company’s stock worth $615,000 after acquiring an additional 10,080 shares during the last quarter. Breakwater Capital Group lifted its position in Fidelity High Yield Factor ETF by 27.6% during the fourth quarter. Breakwater Capital Group now owns 12,858 shares of the company’s stock valued at $620,000 after purchasing an additional 2,784 shares in the last quarter. Financial Management Professionals Inc. lifted its position in Fidelity High Yield Factor ETF by 4.3% during the fourth quarter. Financial Management Professionals Inc. now owns 411,846 shares of the company’s stock valued at $19,872,000 after purchasing an additional 17,045 shares in the last quarter. Flavin Financial Services Inc. purchased a new stake in Fidelity High Yield Factor ETF in the fourth quarter worth about $3,558,000. Finally, Golden State Wealth Management LLC purchased a new stake in Fidelity High Yield Factor ETF in the fourth quarter worth about $31,000.

Fidelity High Yield Factor ETF Stock Down 0.2%

FDHY stock opened at $48.21 on Thursday. Fidelity High Yield Factor ETF has a twelve month low of $45.41 and a twelve month high of $49.79. The business’s 50-day moving average price is $47.69 and its 200-day moving average price is $48.38.

About Fidelity High Yield Factor ETF

The Fidelity High Yield Factor ETF (FDHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund using a quantitative screen to select high-yield bonds issued by US and foreign corporations. The fund seeks a high level of income, and may also seek capital appreciation.