MAI Capital Management Purchases 1,021 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

MAI Capital Management increased its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 2.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,710 shares of the company’s stock after purchasing an additional 1,021 shares during the quarter. MAI Capital Management owned approximately 0.08% of Fidelity High Dividend ETF worth $2,467,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Commonwealth Equity Services LLC grew its stake in Fidelity High Dividend ETF by 11.6% in the third quarter. Commonwealth Equity Services LLC now owns 2,768,581 shares of the company’s stock worth $140,229,000 after purchasing an additional 287,984 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in Fidelity High Dividend ETF by 35.7% during the second quarter. Envestnet Asset Management Inc. now owns 1,020,505 shares of the company’s stock worth $47,739,000 after buying an additional 268,292 shares during the period. Childress Capital Advisors LLC lifted its holdings in Fidelity High Dividend ETF by 38.5% during the third quarter. Childress Capital Advisors LLC now owns 759,709 shares of the company’s stock worth $38,479,000 after buying an additional 211,267 shares during the period. Kestra Advisory Services LLC lifted its holdings in Fidelity High Dividend ETF by 40.1% during the first quarter. Kestra Advisory Services LLC now owns 618,263 shares of the company’s stock worth $28,013,000 after buying an additional 176,990 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in Fidelity High Dividend ETF by 41.2% during the second quarter. Cetera Investment Advisers now owns 543,198 shares of the company’s stock worth $25,411,000 after buying an additional 158,465 shares during the period.

Fidelity High Dividend ETF Stock Up 0.1 %

Fidelity High Dividend ETF stock opened at $51.76 on Wednesday. The business has a fifty day moving average of $50.78 and a two-hundred day moving average of $48.70. The firm has a market cap of $2.99 billion, a P/E ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a twelve month low of $39.86 and a twelve month high of $52.17.

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.