Renaissance Technologies LLC Sells 18,002 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

Renaissance Technologies LLC cut its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 39.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,000 shares of the company’s stock after selling 18,002 shares during the quarter. Renaissance Technologies LLC’s holdings in Fidelity High Dividend ETF were worth $1,310,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of FDVV. Cetera Advisor Networks LLC grew its position in shares of Fidelity High Dividend ETF by 7.8% in the 4th quarter. Cetera Advisor Networks LLC now owns 160,367 shares of the company’s stock worth $6,780,000 after buying an additional 11,610 shares during the period. Stephens Inc. AR purchased a new stake in shares of Fidelity High Dividend ETF in the 4th quarter worth approximately $938,000. Personal CFO Solutions LLC increased its position in Fidelity High Dividend ETF by 4.4% during the 4th quarter. Personal CFO Solutions LLC now owns 86,004 shares of the company’s stock valued at $3,636,000 after buying an additional 3,651 shares in the last quarter. Core Wealth Advisors Inc. increased its position in Fidelity High Dividend ETF by 2.4% during the 4th quarter. Core Wealth Advisors Inc. now owns 11,425 shares of the company’s stock valued at $483,000 after buying an additional 272 shares in the last quarter. Finally, Gallagher Fiduciary Advisors LLC purchased a new position in Fidelity High Dividend ETF during the fourth quarter valued at $4,057,000.

Fidelity High Dividend ETF Price Performance

Fidelity High Dividend ETF stock opened at $50.52 on Friday. Fidelity High Dividend ETF has a one year low of $36.94 and a one year high of $50.65. The business’s fifty day moving average is $49.21 and its 200 day moving average is $47.23. The stock has a market capitalization of $2.92 billion, a PE ratio of 11.51 and a beta of 0.82.

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.