Uptick Partners LLC Invests $2.90 Million in Fidelity High Dividend ETF $FDVV

Uptick Partners LLC acquired a new position in Fidelity High Dividend ETF (NYSEARCA:FDVV) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 51,208 shares of the company’s stock, valued at approximately $2,903,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. boosted its position in Fidelity High Dividend ETF by 62.2% during the third quarter. Raymond James Financial Inc. now owns 1,657,341 shares of the company’s stock worth $92,330,000 after purchasing an additional 635,591 shares during the period. Bank of America Corp DE raised its position in shares of Fidelity High Dividend ETF by 34.6% in the third quarter. Bank of America Corp DE now owns 2,226,992 shares of the company’s stock valued at $124,066,000 after purchasing an additional 572,218 shares during the period. Woodard & Co. Asset Management Group Inc. ADV purchased a new stake in shares of Fidelity High Dividend ETF during the 3rd quarter valued at approximately $28,056,000. Jane Street Group LLC lifted its stake in shares of Fidelity High Dividend ETF by 301.9% during the 2nd quarter. Jane Street Group LLC now owns 524,699 shares of the company’s stock valued at $27,295,000 after buying an additional 394,131 shares in the last quarter. Finally, Private Advisor Group LLC boosted its holdings in Fidelity High Dividend ETF by 271.0% in the 3rd quarter. Private Advisor Group LLC now owns 399,413 shares of the company’s stock worth $22,251,000 after buying an additional 291,754 shares during the period.

Fidelity High Dividend ETF Trading Up 1.1%

Fidelity High Dividend ETF stock opened at $59.07 on Friday. The firm has a 50 day simple moving average of $57.24 and a 200 day simple moving average of $57.06. Fidelity High Dividend ETF has a 1-year low of $48.02 and a 1-year high of $60.12. The firm has a market capitalization of $9.17 billion, a price-to-earnings ratio of 17.18 and a beta of 0.87.

Fidelity High Dividend ETF 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.