Fidelity High Dividend ETF (NYSEARCA:FDVV) Stake Boosted by Ballew Advisors Inc

Ballew Advisors Inc increased its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 1.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 27,908 shares of the company’s stock after buying an additional 266 shares during the quarter. Fidelity High Dividend ETF comprises about 0.9% of Ballew Advisors Inc’s holdings, making the stock its 25th biggest position. Ballew Advisors Inc’s holdings in Fidelity High Dividend ETF were worth $1,380,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of FDVV. Darwin Wealth Management LLC acquired a new position in Fidelity High Dividend ETF in the 3rd quarter worth about $25,000. Glass Jacobson Investment Advisors llc acquired a new position in Fidelity High Dividend ETF in the third quarter worth approximately $75,000. Baker Avenue Asset Management LP acquired a new position in Fidelity High Dividend ETF in the third quarter worth approximately $205,000. Ellis Investment Partners LLC bought a new position in Fidelity High Dividend ETF during the third quarter valued at approximately $209,000. Finally, Strategic Family Wealth Counselors L.L.C. acquired a new stake in Fidelity High Dividend ETF in the third quarter valued at approximately $210,000.

Fidelity High Dividend ETF Stock Up 0.8 %

Shares of FDVV opened at $50.88 on Friday. The firm has a market cap of $2.94 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82. The company’s fifty day moving average is $51.09 and its 200-day moving average is $50.04. Fidelity High Dividend ETF has a 12 month low of $41.87 and a 12 month high of $52.78.

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.