Sowell Financial Services LLC Purchases New Holdings in Fidelity High Dividend ETF $FDVV

Sowell Financial Services LLC bought a new position in Fidelity High Dividend ETF (NYSEARCA:FDVV) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 34,091 shares of the company’s stock, valued at approximately $2,070,000.

A number of other institutional investors have also bought and sold shares of the business. Focus Financial Network Inc. grew its position in shares of Fidelity High Dividend ETF by 2.0% during the second quarter. Focus Financial Network Inc. now owns 12,174 shares of the company’s stock worth $734,000 after purchasing an additional 238 shares in the last quarter. JGP Wealth Management LLC raised its stake in Fidelity High Dividend ETF by 3.0% during the 3rd quarter. JGP Wealth Management LLC now owns 8,295 shares of the company’s stock valued at $504,000 after purchasing an additional 244 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its stake in Fidelity High Dividend ETF by 2.7% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 10,956 shares of the company’s stock valued at $661,000 after purchasing an additional 292 shares during the period. Bogart Wealth LLC raised its stake in Fidelity High Dividend ETF by 17.4% during the 1st quarter. Bogart Wealth LLC now owns 2,080 shares of the company’s stock valued at $115,000 after purchasing an additional 308 shares during the period. Finally, Brown Lisle Cummings Inc. lifted its holdings in Fidelity High Dividend ETF by 3.6% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 10,155 shares of the company’s stock worth $617,000 after purchasing an additional 350 shares in the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of FDVV opened at $62.11 on Friday. Fidelity High Dividend ETF has a 1 year low of $53.77 and a 1 year high of $64.54. The company has a 50 day simple moving average of $62.20 and a two-hundred day simple moving average of $60.24. The firm has a market cap of $10.45 billion, a P/E 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.