Fidelity High Dividend ETF $FDVV Shares Newly Purchased by Private Wealth Partners LLC

Private Wealth Partners LLC purchased a new stake in shares of 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 purchased 22,800 shares of the company’s stock, valued at approximately $1,385,000.

Several other institutional investors have also recently made changes to their positions in the business. Global Assets Advisory LLC purchased a new position in shares of Fidelity High Dividend ETF in the first quarter worth approximately $36,000. Horrell Capital Management Inc. bought a new stake in Fidelity High Dividend ETF during the third quarter valued at approximately $46,000. Bessemer Group Inc. purchased a new stake in Fidelity High Dividend ETF during the first quarter valued at approximately $56,000. Meramec Financial Planners LLC purchased a new stake in Fidelity High Dividend ETF during the first quarter valued at approximately $63,000. Finally, Godsey & Gibb Inc. purchased a new stake in Fidelity High Dividend ETF during the third quarter valued at approximately $90,000.

Fidelity High Dividend ETF Stock Down 0.7%

FDVV traded down $0.46 during trading on Friday, hitting $61.97. The company’s stock had a trading volume of 602,485 shares, compared to its average volume of 851,501. Fidelity High Dividend ETF has a one year low of $53.77 and a one year high of $64.54. The firm has a market cap of $10.42 billion, a PE ratio of 17.18 and a beta of 0.86. The business’s 50 day simple moving average is $62.30 and its 200-day simple moving average is $61.27.

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.