Prospect Financial Services LLC Makes New Investment in Fidelity High Dividend ETF $FDVV

Prospect Financial Services LLC acquired a new stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 21,916 shares of the company’s stock, valued at approximately $1,242,000.

A number of other institutional investors have also modified their holdings of the stock. Meridian Wealth Management LLC raised its stake in shares of Fidelity High Dividend ETF by 4.5% during the 4th quarter. Meridian Wealth Management LLC now owns 4,164 shares of the company’s stock valued at $236,000 after buying an additional 179 shares during the last quarter. Archer Investment Corp increased its stake in shares of Fidelity High Dividend ETF by 7.2% in the 3rd quarter. Archer Investment Corp now owns 3,219 shares of the company’s stock valued at $179,000 after purchasing an additional 217 shares in the last quarter. Fiscal Wisdom Wealth Management LLC increased its stake in shares of Fidelity High Dividend ETF by 7.6% in the 4th quarter. Fiscal Wisdom Wealth Management LLC now owns 4,352 shares of the company’s stock valued at $247,000 after purchasing an additional 309 shares in the last quarter. Fairvoy Private Wealth LLC increased its stake in shares of Fidelity High Dividend ETF by 4.0% in the 4th quarter. Fairvoy Private Wealth LLC now owns 8,052 shares of the company’s stock valued at $456,000 after purchasing an additional 313 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV increased its stake in shares of Fidelity High Dividend ETF by 19.9% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,136 shares of the company’s stock valued at $121,000 after purchasing an additional 354 shares in the last quarter.

Fidelity High Dividend ETF Stock Up 0.2%

Shares of Fidelity High Dividend ETF stock opened at $60.17 on Friday. Fidelity High Dividend ETF has a twelve month low of $49.10 and a twelve month high of $60.23. The business has a 50-day moving average price of $57.48 and a 200 day moving average price of $57.40. The firm has a market cap of $9.36 billion, a PE ratio of 17.18 and a beta of 0.86.

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.