Fidelity International High Dividend ETF (NYSEARCA:FIDI) Trading 1.4% Higher – Still a Buy?

Fidelity International High Dividend ETF (NYSEARCA:FIDI)’s share price was up 1.4% during mid-day trading on Monday . The company traded as high as $27.13 and last traded at $26.95. Approximately 86,912 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 113,004 shares. The stock had previously closed at $26.58.

Fidelity International High Dividend ETF Stock Up 1.4%

The business’s 50-day moving average price is $27.58 and its 200 day moving average price is $25.96. The company has a market capitalization of $245.25 million, a P/E ratio of 13.70 and a beta of 0.70.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Commonwealth Equity Services LLC increased its holdings in shares of Fidelity International High Dividend ETF by 10.6% in the third quarter. Commonwealth Equity Services LLC now owns 593,600 shares of the company’s stock worth $14,524,000 after purchasing an additional 56,878 shares during the period. Osaic Holdings Inc. boosted its stake in Fidelity International High Dividend ETF by 9.6% during the fourth quarter. Osaic Holdings Inc. now owns 127,159 shares of the company’s stock valued at $3,296,000 after buying an additional 11,147 shares during the period. Bank of America Corp DE boosted its stake in Fidelity International High Dividend ETF by 62.4% during the third quarter. Bank of America Corp DE now owns 108,104 shares of the company’s stock valued at $2,645,000 after buying an additional 41,529 shares during the period. Kestra Advisory Services LLC grew its position in Fidelity International High Dividend ETF by 2.7% during the fourth quarter. Kestra Advisory Services LLC now owns 106,772 shares of the company’s stock worth $2,766,000 after buying an additional 2,829 shares in the last quarter. Finally, Beam Wealth Advisors Inc. grew its position in Fidelity International High Dividend ETF by 5.8% during the fourth quarter. Beam Wealth Advisors Inc. now owns 78,323 shares of the company’s stock worth $2,029,000 after buying an additional 4,277 shares in the last quarter.

About Fidelity International High Dividend ETF

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.