JPMorgan Chase & Co. Grows Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

JPMorgan Chase & Co. boosted its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 59.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 392,437 shares of the company’s stock after acquiring an additional 146,280 shares during the period. JPMorgan Chase & Co. owned 0.68% of Fidelity High Dividend ETF worth $19,598,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. FMR LLC lifted its holdings in shares of Fidelity High Dividend ETF by 4.7% during the third quarter. FMR LLC now owns 80,331 shares of the company’s stock valued at $4,069,000 after purchasing an additional 3,620 shares during the last quarter. HighTower Advisors LLC raised its stake in Fidelity High Dividend ETF by 29.9% during the third quarter. HighTower Advisors LLC now owns 16,498 shares of the company’s stock valued at $837,000 after buying an additional 3,801 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new stake in Fidelity High Dividend ETF in the third quarter worth $558,000. Sunbelt Securities Inc. grew its stake in shares of Fidelity High Dividend ETF by 156.5% in the third quarter. Sunbelt Securities Inc. now owns 16,951 shares of the company’s stock worth $859,000 after acquiring an additional 10,343 shares during the last quarter. Finally, McIlrath & Eck LLC increased its holdings in shares of Fidelity High Dividend ETF by 14.8% during the third quarter. McIlrath & Eck LLC now owns 578,875 shares of the company’s stock valued at $29,320,000 after acquiring an additional 74,731 shares in the last quarter.

Fidelity High Dividend ETF Price Performance

FDVV opened at $45.37 on Friday. Fidelity High Dividend ETF has a 1 year low of $42.81 and a 1 year high of $52.78. The stock has a 50-day moving average price of $49.77 and a 200-day moving average price of $50.58. The firm has a market cap of $4.43 billion, a PE ratio of 15.53 and a beta of 0.93.

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.