Jane Street Group LLC Decreases Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Jane Street Group LLC reduced its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 47.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 157,952 shares of the company’s stock after selling 140,799 shares during the period. Jane Street Group LLC’s holdings in Fidelity High Dividend ETF were worth $8,000,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FDVV. Integrated Wealth Concepts LLC grew its position in shares of Fidelity High Dividend ETF by 6.8% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 325,621 shares of the company’s stock valued at $16,493,000 after buying an additional 20,832 shares during the last quarter. Investmark Advisory Group LLC grew its holdings in shares of Fidelity High Dividend ETF by 2.2% during the third quarter. Investmark Advisory Group LLC now owns 81,512 shares of the company’s stock worth $4,129,000 after purchasing an additional 1,785 shares during the last quarter. HighTower Advisors LLC increased its position in shares of Fidelity High Dividend ETF by 29.9% during the third quarter. HighTower Advisors LLC now owns 16,498 shares of the company’s stock worth $837,000 after purchasing an additional 3,801 shares in the last quarter. FMR LLC lifted its holdings in shares of Fidelity High Dividend ETF by 4.7% in the 3rd quarter. FMR LLC now owns 80,331 shares of the company’s stock valued at $4,069,000 after purchasing an additional 3,620 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its position in shares of Fidelity High Dividend ETF by 172.1% in the 3rd quarter. D.A. Davidson & CO. now owns 77,227 shares of the company’s stock valued at $3,912,000 after purchasing an additional 48,849 shares during the period.

Fidelity High Dividend ETF Stock Up 0.4 %

NYSEARCA:FDVV opened at $51.48 on Friday. The company has a market capitalization of $2.97 billion, a PE ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a 52-week low of $41.51 and a 52-week high of $52.78. The stock’s 50 day moving average price is $51.50 and its 200 day moving average price is $49.42.

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.