10,483 Shares of Fidelity High Dividend ETF $FDVV Purchased by Community Trust & Investment Co.

Community Trust & Investment Co. bought a new stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) in the third quarter, Holdings Channel reports. The fund bought 10,483 shares of the company’s stock, valued at approximately $637,000.

Several other institutional investors have also modified their holdings of the stock. Monetary Solutions Ltd purchased a new position in shares of Fidelity High Dividend ETF during the 4th quarter worth $26,000. Global Assets Advisory LLC acquired a new stake in Fidelity High Dividend ETF during the 1st quarter worth $36,000. Horrell Capital Management Inc. acquired a new position in shares of Fidelity High Dividend ETF in the third quarter valued at approximately $46,000. Bessemer Group Inc. purchased a new stake in Fidelity High Dividend ETF in the 1st quarter valued at approximately $56,000. Finally, Meramec Financial Planners LLC acquired a new position in shares of Fidelity High Dividend ETF during the 1st quarter worth $63,000.

Fidelity High Dividend ETF Trading Up 0.5%

Shares of NYSEARCA FDVV opened at $61.79 on Friday. Fidelity High Dividend ETF has a 52 week low of $53.77 and a 52 week high of $64.54. The stock has a market cap of $10.35 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. The company’s 50-day moving average price is $62.56 and its 200 day moving average price is $61.03.

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.