New Insight Wealth Advisors Raises Position in Fidelity High Dividend ETF $FDVV

New Insight Wealth Advisors lifted its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 399.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 102,862 shares of the company’s stock after acquiring an additional 82,264 shares during the quarter. Fidelity High Dividend ETF makes up 2.2% of New Insight Wealth Advisors’ investment portfolio, making the stock its 13th largest position. New Insight Wealth Advisors owned approximately 0.08% of Fidelity High Dividend ETF worth $5,730,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Assetmark Inc. grew its position in shares of Fidelity High Dividend ETF by 80.5% in the second 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. Darwin Wealth Management LLC bought a new position in Fidelity High Dividend ETF in the 2nd quarter worth about $27,000. MB Levis & Associates LLC purchased a new position in Fidelity High Dividend ETF during the 2nd quarter valued at about $28,000. Evermay Wealth Management LLC bought a new stake in shares of Fidelity High Dividend ETF during the second quarter valued at about $31,000. Finally, TD Waterhouse Canada Inc. bought a new stake in shares of Fidelity High Dividend ETF during the second quarter valued at about $32,000.

Fidelity High Dividend ETF Price Performance

FDVV opened at $57.66 on Friday. The company has a fifty day moving average price of $56.68 and a 200-day moving average price of $55.47. The firm has a market capitalization of $8.26 billion, a P/E ratio of 17.18 and a beta of 0.92. Fidelity High Dividend ETF has a one year low of $42.81 and a one year high of $57.78.

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.