Cyr Financial Inc. increased its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) by 8.6% in the third quarter, Holdings Channel.com reports. The firm owned 182,288 shares of the company’s stock after purchasing an additional 14,458 shares during the quarter. Fidelity High Dividend ETF makes up approximately 5.3% of Cyr Financial Inc.’s investment portfolio, making the stock its 9th largest position. Cyr Financial Inc.’s holdings in Fidelity High Dividend ETF were worth $11,070,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Monetary Solutions Ltd acquired a new stake in shares of Fidelity High Dividend ETF in the 4th quarter valued at about $26,000. Global Assets Advisory LLC bought a new stake in shares of Fidelity High Dividend ETF in the first quarter valued at about $36,000. Horrell Capital Management Inc. acquired a new position in shares of Fidelity High Dividend ETF during the third quarter worth about $46,000. Bessemer Group Inc. acquired a new position in shares of Fidelity High Dividend ETF during the first quarter worth about $56,000. Finally, Meramec Financial Planners LLC acquired a new position in shares of Fidelity High Dividend ETF during the first quarter worth about $63,000.
Fidelity High Dividend ETF Stock Performance
Shares of Fidelity High Dividend ETF stock opened at $61.68 on Friday. The business’s 50 day simple moving average is $62.51 and its 200 day simple moving average is $61.03. Fidelity High Dividend ETF has a 52-week low of $53.77 and a 52-week high of $64.54. The firm has a market cap of $10.35 billion, a PE ratio of 17.18 and a beta of 0.86.
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.
Featured Stories
- Five stocks we like better than Fidelity High Dividend ETF
- Bank of America Stock Sell-Off Looks Like a Buying Opportunity
- AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?
- GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking
- Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?
Want to see what other hedge funds are holding FDVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report).
Receive News & Ratings for Fidelity High Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity High Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.
