Foresight Capital Management Advisors Inc. Has $3.49 Million Stock Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Foresight Capital Management Advisors Inc. grew its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 1.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 70,436 shares of the company’s stock after buying an additional 789 shares during the period. Fidelity High Dividend ETF makes up 2.2% of Foresight Capital Management Advisors Inc.’s portfolio, making the stock its 16th largest position. Foresight Capital Management Advisors Inc.’s holdings in Fidelity High Dividend ETF were worth $3,494,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Tidemark LLC acquired a new position in shares of Fidelity High Dividend ETF in the 4th quarter valued at $29,000. Roxbury Financial LLC acquired a new position in shares of Fidelity High Dividend ETF in the 4th quarter valued at $62,000. Glen Eagle Advisors LLC acquired a new position in shares of Fidelity High Dividend ETF in the 4th quarter valued at $100,000. Avion Wealth acquired a new position in shares of Fidelity High Dividend ETF in the 4th quarter valued at $128,000. Finally, Capital Analysts LLC grew its holdings in shares of Fidelity High Dividend ETF by 253.4% in the 4th quarter. Capital Analysts LLC now owns 3,043 shares of the company’s stock valued at $151,000 after buying an additional 2,182 shares during the period.

Fidelity High Dividend ETF Stock Up 0.7%

Shares of FDVV stock opened at $51.37 on Wednesday. The firm has a market capitalization of $5.33 billion, a price-to-earnings ratio of 17.11 and a beta of 0.92. Fidelity High Dividend ETF has a 12-month low of $42.81 and a 12-month high of $52.78. The firm has a fifty day moving average of $48.42 and a 200-day moving average of $49.94.

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.