4,610 Shares in Fidelity High Dividend ETF (NYSEARCA:FDVV) Acquired by Iams Wealth Management LLC

Iams Wealth Management LLC bought a new position in Fidelity High Dividend ETF (NYSEARCA:FDVV) in the 4th quarter, Holdings Channel reports. The fund bought 4,610 shares of the company’s stock, valued at approximately $230,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new position in shares of Fidelity High Dividend ETF during the 3rd quarter valued at approximately $25,000. Glass Jacobson Investment Advisors llc bought a new position in shares of Fidelity High Dividend ETF during the 3rd quarter valued at approximately $75,000. Baker Avenue Asset Management LP bought a new position in shares of Fidelity High Dividend ETF during the 3rd quarter valued at approximately $205,000. Ellis Investment Partners LLC bought a new position in shares of Fidelity High Dividend ETF during the 3rd quarter valued at approximately $209,000. Finally, Daymark Wealth Partners LLC bought a new position in shares of Fidelity High Dividend ETF during the 4th quarter valued at approximately $206,000.

Fidelity High Dividend ETF Stock Performance

NYSEARCA FDVV opened at $50.69 on Thursday. The company has a market capitalization of $2.92 billion, a P/E ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a one year low of $42.53 and a one year high of $52.78. The stock has a 50 day moving average price of $51.01 and a 200-day moving average price of $50.23.

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.