Fidelity High Yield Factor ETF (NYSEARCA:FDHY) Shares Sold by FWL Investment Management LLC

FWL Investment Management LLC lessened its holdings in Fidelity High Yield Factor ETF (NYSEARCA:FDHY) by 15.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 1,740 shares of the company’s stock after selling 313 shares during the period. FWL Investment Management LLC’s holdings in Fidelity High Yield Factor ETF were worth $84,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of FDHY. Financial Management Professionals Inc. increased its position in shares of Fidelity High Yield Factor ETF by 4.3% in the 4th quarter. Financial Management Professionals Inc. now owns 411,846 shares of the company’s stock valued at $19,872,000 after acquiring an additional 17,045 shares during the period. LPL Financial LLC grew its stake in Fidelity High Yield Factor ETF by 9.6% during the 4th quarter. LPL Financial LLC now owns 352,276 shares of the company’s stock valued at $16,997,000 after purchasing an additional 30,805 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Fidelity High Yield Factor ETF by 24.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 110,057 shares of the company’s stock valued at $5,310,000 after purchasing an additional 21,876 shares during the period. Moody National Bank Trust Division raised its stake in shares of Fidelity High Yield Factor ETF by 1.9% in the fourth quarter. Moody National Bank Trust Division now owns 101,207 shares of the company’s stock worth $4,883,000 after purchasing an additional 1,898 shares during the last quarter. Finally, Flavin Financial Services Inc. acquired a new stake in shares of Fidelity High Yield Factor ETF during the fourth quarter worth about $3,558,000.

Fidelity High Yield Factor ETF Trading Up 0.3 %

Shares of NYSEARCA:FDHY opened at $47.77 on Thursday. Fidelity High Yield Factor ETF has a twelve month low of $45.41 and a twelve month high of $49.79. The company’s 50 day moving average is $47.76 and its 200 day moving average is $48.40.

About Fidelity High Yield Factor ETF

The Fidelity High Yield Factor ETF (FDHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund using a quantitative screen to select high-yield bonds issued by US and foreign corporations. The fund seeks a high level of income, and may also seek capital appreciation.