Fidelity High Dividend ETF $FDVV Stock: Prime Capital Investment Advisors LLC Reduces Stake

Prime Capital Investment Advisors LLC decreased its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 8.0% in the third quarter, Holdings Channel.com reports. The firm owned 257,901 shares of the company’s stock after selling 22,555 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $15,662,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in FDVV. Prentice Wealth Management LLC grew its stake in shares of Fidelity High Dividend ETF by 1.4% during the third quarter. Prentice Wealth Management LLC now owns 247,269 shares of the company’s stock valued at $15,017,000 after buying an additional 3,517 shares during the last quarter. New England Private Wealth Advisors LLC lifted its stake in shares of Fidelity High Dividend ETF by 130.8% in the 3rd quarter. New England Private Wealth Advisors LLC now owns 15,047 shares of the company’s stock valued at $914,000 after acquiring an additional 8,528 shares during the last quarter. Retirement Planning Group LLC purchased a new stake in Fidelity High Dividend ETF during the 3rd quarter valued at about $176,774,000. Novem Group increased its stake in Fidelity High Dividend ETF by 15.3% in the 3rd quarter. Novem Group now owns 7,479 shares of the company’s stock worth $454,000 after purchasing an additional 990 shares during the period. Finally, Fairvoy Private Wealth LLC lifted its position in Fidelity High Dividend ETF by 7.0% in the third quarter. Fairvoy Private Wealth LLC now owns 13,795 shares of the company’s stock valued at $838,000 after purchasing an additional 906 shares during the last quarter.

Fidelity High Dividend ETF Stock Up 0.8%

Shares of Fidelity High Dividend ETF stock traded up $0.47 on Tuesday, hitting $61.84. The stock had a trading volume of 352,625 shares, compared to its average volume of 853,724. The stock’s 50-day simple moving average is $62.46 and its two-hundred day simple moving average is $61.12. Fidelity High Dividend ETF has a one year low of $53.77 and a one year high of $64.54. The stock has a market cap of $10.38 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86.

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.