Sequent Asset Management LLC Has $258,000 Stock Position in Fidelity International High Dividend ETF (NYSEARCA:FIDI)

Sequent Asset Management LLC lowered its holdings in Fidelity International High Dividend ETF (NYSEARCA:FIDI) by 49.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,500 shares of the company’s stock after selling 12,400 shares during the quarter. Sequent Asset Management LLC’s holdings in Fidelity International High Dividend ETF were worth $258,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FIDI. Commonwealth Equity Services LLC grew its holdings in shares of Fidelity International High Dividend ETF by 14.1% during the 3rd quarter. Commonwealth Equity Services LLC now owns 224,696 shares of the company’s stock worth $4,166,000 after purchasing an additional 27,818 shares in the last quarter. Kestra Advisory Services LLC grew its holdings in shares of Fidelity International High Dividend ETF by 17.7% during the 3rd quarter. Kestra Advisory Services LLC now owns 161,161 shares of the company’s stock worth $2,988,000 after purchasing an additional 24,267 shares in the last quarter. Beam Wealth Advisors Inc. grew its holdings in shares of Fidelity International High Dividend ETF by 12.3% during the 4th quarter. Beam Wealth Advisors Inc. now owns 72,978 shares of the company’s stock worth $1,503,000 after purchasing an additional 7,977 shares in the last quarter. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Fidelity International High Dividend ETF during the 3rd quarter worth approximately $222,000. Finally, International Assets Investment Management LLC acquired a new stake in shares of Fidelity International High Dividend ETF during the 4th quarter worth approximately $42,000.

Fidelity International High Dividend ETF Stock Performance

Shares of NYSEARCA:FIDI traded down $0.24 during trading on Tuesday, hitting $20.51. 9,292 shares of the stock were exchanged, compared to its average volume of 14,291. The company’s fifty day simple moving average is $20.69 and its 200-day simple moving average is $20.00. The company has a market capitalization of $96.38 million, a price-to-earnings ratio of 10.05 and a beta of 0.76. Fidelity International High Dividend ETF has a 1-year low of $17.70 and a 1-year high of $21.19.

Fidelity International High Dividend ETF Company Profile

The Fidelity International High Dividend ETF (FIDI) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a high-dividend, multi-factor index of large- and mid-cap stocks from developed markets ex-US. FIDI was launched on Jan 16, 2018 and is managed by Fidelity.