JPMorgan Chase & Co. Raises Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

JPMorgan Chase & Co. grew its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 27.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 246,157 shares of the company’s stock after acquiring an additional 52,434 shares during the period. JPMorgan Chase & Co. owned about 0.43% of Fidelity High Dividend ETF worth $12,468,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Octavia Wealth Advisors LLC increased its position in Fidelity High Dividend ETF by 0.9% in the third quarter. Octavia Wealth Advisors LLC now owns 23,954 shares of the company’s stock worth $1,213,000 after buying an additional 222 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its holdings in Fidelity High Dividend ETF by 5.1% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 5,370 shares of the company’s stock worth $272,000 after acquiring an additional 260 shares in the last quarter. Westside Investment Management Inc. increased its holdings in Fidelity High Dividend ETF by 2.5% in the 3rd quarter. Westside Investment Management Inc. now owns 14,262 shares of the company’s stock worth $722,000 after acquiring an additional 346 shares in the last quarter. FSC Wealth Advisors LLC raised its stake in Fidelity High Dividend ETF by 4.2% during the 3rd quarter. FSC Wealth Advisors LLC now owns 11,943 shares of the company’s stock worth $605,000 after acquiring an additional 476 shares during the period. Finally, Darwin Wealth Management LLC purchased a new position in Fidelity High Dividend ETF during the third quarter valued at approximately $25,000.

Fidelity High Dividend ETF Price Performance

Shares of NYSEARCA FDVV opened at $49.35 on Friday. Fidelity High Dividend ETF has a 1 year low of $41.74 and a 1 year high of $52.78. The stock has a market cap of $2.85 billion, a PE ratio of 11.51 and a beta of 0.82. The firm has a fifty day moving average price of $51.21 and a 200-day moving average price of $49.92.

Fidelity High Dividend ETF Company 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.