EP Wealth Advisors LLC Sells 1,823 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

EP Wealth Advisors LLC decreased its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 4.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,766 shares of the company’s stock after selling 1,823 shares during the period. EP Wealth Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $1,986,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. CoreCap Advisors LLC lifted its position in shares of Fidelity High Dividend ETF by 96.1% during the fourth quarter. CoreCap Advisors LLC now owns 22,757 shares of the company’s stock valued at $1,136,000 after buying an additional 11,153 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in Fidelity High Dividend ETF by 57.2% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 595,039 shares of the company’s stock valued at $29,716,000 after acquiring an additional 216,610 shares during the last quarter. Cetera Investment Advisers boosted its stake in Fidelity High Dividend ETF by 1.9% in the fourth quarter. Cetera Investment Advisers now owns 629,435 shares of the company’s stock valued at $31,434,000 after acquiring an additional 11,710 shares in the last quarter. Captrust Financial Advisors grew its holdings in Fidelity High Dividend ETF by 1.0% in the fourth quarter. Captrust Financial Advisors now owns 208,395 shares of the company’s stock worth $10,407,000 after purchasing an additional 1,979 shares during the last quarter. Finally, Baker Avenue Asset Management LP increased its position in shares of Fidelity High Dividend ETF by 12.0% during the fourth quarter. Baker Avenue Asset Management LP now owns 4,528 shares of the company’s stock worth $226,000 after purchasing an additional 485 shares in the last quarter.

Fidelity High Dividend ETF Price Performance

Fidelity High Dividend ETF stock opened at $48.88 on Friday. Fidelity High Dividend ETF has a 1-year low of $42.81 and a 1-year high of $52.78. The business has a fifty day moving average price of $48.15 and a 200-day moving average price of $50.10. The stock has a market capitalization of $4.79 billion, a price-to-earnings ratio of 16.43 and a beta of 0.93.

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.