Prime Capital Investment Advisors LLC Sells 22,555 Shares of Fidelity High Dividend ETF $FDVV

Prime Capital Investment Advisors LLC lowered its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 8.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 257,901 shares of the company’s stock after selling 22,555 shares during the quarter. Prime Capital Investment Advisors LLC owned approximately 0.15% of Fidelity High Dividend ETF worth $15,662,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Prentice Wealth Management LLC lifted its holdings in shares of Fidelity High Dividend ETF by 1.4% in the third quarter. Prentice Wealth Management LLC now owns 247,269 shares of the company’s stock worth $15,017,000 after buying an additional 3,517 shares in the last quarter. New England Private Wealth Advisors LLC grew its stake in Fidelity High Dividend ETF by 130.8% during the third quarter. New England Private Wealth Advisors LLC now owns 15,047 shares of the company’s stock valued at $914,000 after acquiring an additional 8,528 shares in the last quarter. Retirement Planning Group LLC bought a new stake in Fidelity High Dividend ETF during the 3rd quarter worth approximately $176,774,000. Novem Group lifted its stake in Fidelity High Dividend ETF by 15.3% in the 3rd quarter. Novem Group now owns 7,479 shares of the company’s stock worth $454,000 after purchasing an additional 990 shares in the last quarter. Finally, Fairvoy Private Wealth LLC lifted its stake in Fidelity High Dividend ETF by 7.0% in the 3rd quarter. Fairvoy Private Wealth LLC now owns 13,795 shares of the company’s stock worth $838,000 after purchasing an additional 906 shares in the last quarter.

Fidelity High Dividend ETF Trading Up 0.8%

Shares of FDVV traded up $0.47 during mid-day trading on Tuesday, reaching $61.84. 352,625 shares of the stock traded hands, compared to its average volume of 853,724. The firm has a fifty day moving average price of $62.46 and a 200 day moving average price of $61.12. The company has a market cap of $10.38 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a 1 year low of $53.77 and a 1 year high of $64.54.

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.