Fidelity High Dividend ETF $FDVV Shares Acquired by Westside Investment Management Inc.

Westside Investment Management Inc. increased its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 15.6% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 25,974 shares of the company’s stock after acquiring an additional 3,510 shares during the period. Westside Investment Management Inc.’s holdings in Fidelity High Dividend ETF were worth $1,351,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Assetmark Inc. raised its position in shares of Fidelity High Dividend ETF by 80.5% in the 2nd quarter. Assetmark Inc. now owns 473 shares of the company’s stock valued at $25,000 after purchasing an additional 211 shares in the last quarter. IMA Advisory Services Inc. acquired a new position in shares of Fidelity High Dividend ETF in the 1st quarter valued at approximately $28,000. MB Levis & Associates LLC acquired a new position in shares of Fidelity High Dividend ETF in the 2nd quarter valued at approximately $28,000. Evermay Wealth Management LLC acquired a new position in shares of Fidelity High Dividend ETF in the 2nd quarter valued at approximately $31,000. Finally, Iron Horse Wealth Management LLC bought a new stake in shares of Fidelity High Dividend ETF in the 1st quarter valued at approximately $34,000.

Fidelity High Dividend ETF Trading Down 0.1%

FDVV stock opened at $55.99 on Monday. The firm has a market cap of $7.36 billion, a P/E ratio of 17.18 and a beta of 0.92. Fidelity High Dividend ETF has a 12-month low of $42.81 and a 12-month high of $56.81. The stock’s 50 day simple moving average is $55.53 and its 200 day simple moving average is $52.90.

About Fidelity High Dividend ETF

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.