14,782 Shares in Fidelity High Dividend ETF $FDVV Purchased by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd acquired a new stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,782 shares of the company’s stock, valued at approximately $769,000.

Other large investors have also recently added to or reduced their stakes in the company. MB Levis & Associates LLC acquired a new position in Fidelity High Dividend ETF in the second quarter valued at approximately $28,000. IMA Advisory Services Inc. acquired a new position in Fidelity High Dividend ETF in the first quarter valued at approximately $28,000. Evermay Wealth Management LLC acquired a new position in Fidelity High Dividend ETF in the second quarter valued at approximately $31,000. Iron Horse Wealth Management LLC acquired a new position in Fidelity High Dividend ETF in the first quarter valued at approximately $34,000. Finally, Creekmur Asset Management LLC acquired a new position in Fidelity High Dividend ETF in the first quarter valued at approximately $35,000.

Fidelity High Dividend ETF Stock Performance

FDVV opened at $55.58 on Thursday. Fidelity High Dividend ETF has a one year low of $42.81 and a one year high of $56.81. The stock has a market capitalization of $7.30 billion, a PE ratio of 17.18 and a beta of 0.92. The business’s 50 day moving average price is $55.56 and its 200 day moving average price is $53.04.

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.