Sigma Planning Corp purchased a new stake in Fidelity High Yield Factor ETF (NYSEARCA:FDHY – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 18,002 shares of the company’s stock, valued at approximately $855,000. Sigma Planning Corp owned about 0.14% of Fidelity High Yield Factor ETF as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FDHY. Solstein Capital LLC acquired a new position in Fidelity High Yield Factor ETF in the second quarter valued at about $25,000. Financial Management Professionals Inc. acquired a new position in shares of Fidelity High Yield Factor ETF during the 3rd quarter worth about $57,000. Continuum Advisory LLC acquired a new position in shares of Fidelity High Yield Factor ETF during the 2nd quarter worth about $142,000. Citizens Financial Group Inc. RI acquired a new position in shares of Fidelity High Yield Factor ETF during the 3rd quarter worth about $241,000. Finally, Symphony Financial Ltd. Co. acquired a new position in shares of Fidelity High Yield Factor ETF during the 2nd quarter worth about $250,000.
Fidelity High Yield Factor ETF Price Performance
Fidelity High Yield Factor ETF stock opened at $47.73 on Friday. The company’s 50 day simple moving average is $48.24 and its 200 day simple moving average is $48.92. Fidelity High Yield Factor ETF has a fifty-two week low of $47.15 and a fifty-two week high of $49.70.
Fidelity High Yield Factor ETF Profile
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. FDHY was launched on Jun 12, 2018 and is managed by Fidelity.
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