314,039 Shares in Fidelity International High Dividend ETF $FIDI Acquired by Parallel Advisors LLC

Parallel Advisors LLC purchased a new position in Fidelity International High Dividend ETF (NYSEARCA:FIDI) in the third quarter, Holdings Channel.com reports. The fund purchased 314,039 shares of the company’s stock, valued at approximately $8,730,000.

Several other large investors have also added to or reduced their stakes in FIDI. Ball & Co Wealth Management Inc. increased its position in Fidelity International High Dividend ETF by 3.3% during the 1st quarter. Ball & Co Wealth Management Inc. now owns 14,418 shares of the company’s stock valued at $398,000 after purchasing an additional 459 shares during the period. Arwa LLC raised its holdings in Fidelity International High Dividend ETF by 5.4% in the 3rd quarter. Arwa LLC now owns 19,931 shares of the company’s stock worth $564,000 after purchasing an additional 1,015 shares in the last quarter. Beacon Financial Group lifted its position in shares of Fidelity International High Dividend ETF by 6.8% in the 1st quarter. Beacon Financial Group now owns 18,120 shares of the company’s stock worth $500,000 after purchasing an additional 1,153 shares during the period. Asset Dedication LLC purchased a new stake in shares of Fidelity International High Dividend ETF in the 3rd quarter worth about $41,000. Finally, IFP Advisors Inc lifted its position in shares of Fidelity International High Dividend ETF by 4.7% in the 3rd quarter. IFP Advisors Inc now owns 43,075 shares of the company’s stock worth $1,197,000 after purchasing an additional 1,952 shares during the period.

Fidelity International High Dividend ETF Trading Down 1.9%

Shares of FIDI opened at $28.43 on Friday. The firm’s 50-day moving average price is $28.67 and its 200-day moving average price is $28.25. The firm has a market capitalization of $392.33 million, a price-to-earnings ratio of 13.70 and a beta of 0.57. Fidelity International High Dividend ETF has a 1-year low of $24.20 and a 1-year high of $29.73.

Fidelity International High Dividend ETF Company Profile

The Fidelity International High Dividend ETF (FIDI) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a high-dividend, multi-factor index of large- and mid-cap stocks from developed markets ex-US. FIDI was launched on Jan 16, 2018 and is managed by Fidelity.