Fidelity High Dividend ETF $FDVV Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 11.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,044,083 shares of the company’s stock after buying an additional 108,544 shares during the period. JPMorgan Chase & Co.’s holdings in Fidelity High Dividend ETF were worth $58,166,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Royal Bank of Canada increased its holdings in shares of Fidelity High Dividend ETF by 6.0% in the 1st quarter. Royal Bank of Canada now owns 108,308 shares of the company’s stock worth $5,373,000 after acquiring an additional 6,174 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Fidelity High Dividend ETF by 21.1% in the second quarter. Envestnet Asset Management Inc. now owns 1,648,459 shares of the company’s stock valued at $85,753,000 after purchasing an additional 287,066 shares during the period. Y Intercept Hong Kong Ltd bought a new stake in shares of Fidelity High Dividend ETF during the second quarter valued at approximately $769,000. GWN Securities Inc. acquired a new position in shares of Fidelity High Dividend ETF during the second quarter worth approximately $407,000. Finally, Flagship Harbor Advisors LLC grew its holdings in Fidelity High Dividend ETF by 554.3% in the 2nd quarter. Flagship Harbor Advisors LLC now owns 111,966 shares of the company’s stock worth $5,824,000 after buying an additional 94,854 shares in the last quarter.

Fidelity High Dividend ETF Price Performance

FDVV opened at $59.53 on Thursday. The stock’s 50 day moving average price is $57.91 and its 200 day moving average price is $56.48. The stock has a market cap of $8.68 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 $60.12.

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.