Ethos Financial Group LLC Invests $3.99 Million in Fidelity High Dividend ETF $FDVV

Ethos Financial Group LLC purchased a new stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 72,285 shares of the company’s stock, valued at approximately $3,993,000.

Several other institutional investors and hedge funds also recently made changes to their positions in FDVV. Federation des caisses Desjardins du Quebec acquired a new position in Fidelity High Dividend ETF in the 4th quarter worth $25,000. Monetary Solutions Ltd acquired a new stake in shares of Fidelity High Dividend ETF in the 4th quarter valued at about $26,000. Darwin Wealth Management LLC bought a new stake in shares of Fidelity High Dividend ETF in the second quarter valued at about $27,000. Optima Capital LLC acquired a new position in shares of Fidelity High Dividend ETF during the fourth quarter worth about $33,000. Finally, Global Assets Advisory LLC acquired a new position in shares of Fidelity High Dividend ETF during the first quarter worth about $36,000.

Fidelity High Dividend ETF Stock Up 0.2%

Shares of FDVV opened at $62.05 on Wednesday. Fidelity High Dividend ETF has a twelve month low of $52.48 and a twelve month high of $62.40. The stock has a market capitalization of $10.00 billion, a P/E ratio of 17.18 and a beta of 0.86. The company has a 50 day moving average of $60.69 and a 200-day moving average of $58.66.

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.