Captrust Financial Advisors Decreases Stock Position in Fidelity High Yield Factor ETF (NYSEARCA:FDHY)

Captrust Financial Advisors trimmed its position in shares of Fidelity High Yield Factor ETF (NYSEARCA:FDHY) by 22.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,450 shares of the company’s stock after selling 7,524 shares during the quarter. Captrust Financial Advisors’ holdings in Fidelity High Yield Factor ETF were worth $1,228,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of FDHY. JPMorgan Chase & Co. boosted its stake in shares of Fidelity High Yield Factor ETF by 422.6% during the third quarter. JPMorgan Chase & Co. now owns 12,465 shares of the company’s stock valued at $615,000 after purchasing an additional 10,080 shares during the period. Avantax Advisory Services Inc. boosted its position in Fidelity High Yield Factor ETF by 78.5% in the 4th quarter. Avantax Advisory Services Inc. now owns 8,855 shares of the company’s stock valued at $427,000 after buying an additional 3,894 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Fidelity High Yield Factor ETF during the fourth quarter worth approximately $2,591,000. Global Retirement Partners LLC increased its position in shares of Fidelity High Yield Factor ETF by 1,652.4% during the fourth quarter. Global Retirement Partners LLC now owns 736 shares of the company’s stock worth $36,000 after acquiring an additional 694 shares during the period. Finally, Commonwealth Equity Services LLC boosted its holdings in shares of Fidelity High Yield Factor ETF by 24.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 110,057 shares of the company’s stock valued at $5,310,000 after purchasing an additional 21,876 shares during the period.

Fidelity High Yield Factor ETF Trading Down 0.2%

Shares of FDHY stock opened at $48.21 on Thursday. Fidelity High Yield Factor ETF has a twelve month low of $45.41 and a twelve month high of $49.79. The stock has a fifty day simple moving average of $47.69 and a two-hundred day simple moving average of $48.38.

Fidelity High Yield Factor ETF Company Profile

The Fidelity High Yield Factor ETF (FDHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund using a quantitative screen to select high-yield bonds issued by US and foreign corporations. The fund seeks a high level of income, and may also seek capital appreciation.