PKS Advisory Services LLC Acquires Shares of 4,408 Fidelity High Dividend ETF (NYSEARCA:FDVV)

PKS Advisory Services LLC acquired a new position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) during the fourth quarter, Holdings Channel reports. The fund acquired 4,408 shares of the company’s stock, valued at approximately $220,000.

Several other institutional investors have also recently made changes to their positions in FDVV. LPL Financial LLC lifted its position in shares of Fidelity High Dividend ETF by 96.5% during the fourth quarter. LPL Financial LLC now owns 1,838,464 shares of the company’s stock valued at $91,813,000 after purchasing an additional 902,912 shares in the last quarter. ZEGA Investments LLC bought a new position in shares of Fidelity High Dividend ETF during the 4th quarter worth approximately $227,000. BluePointe Capital Management LLC lifted its position in shares of Fidelity High Dividend ETF by 9.6% during the 4th quarter. BluePointe Capital Management LLC now owns 138,759 shares of the company’s stock worth $6,930,000 after buying an additional 12,187 shares in the last quarter. SageOak Financial LLC purchased a new position in shares of Fidelity High Dividend ETF in the 4th quarter worth approximately $992,000. Finally, Thrivent Financial for Lutherans grew its holdings in shares of Fidelity High Dividend ETF by 613.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 34,486 shares of the company’s stock valued at $1,722,000 after acquiring an additional 29,654 shares in the last quarter.

Fidelity High Dividend ETF Trading Down 0.3 %

Shares of FDVV opened at $50.03 on Wednesday. The stock has a 50 day moving average of $50.79 and a 200 day moving average of $50.85. Fidelity High Dividend ETF has a 12 month low of $43.34 and a 12 month high of $52.78. The company has a market capitalization of $4.72 billion, a price-to-earnings ratio of 17.44 and a beta of 1.02.

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.