Element Wealth LLC Sells 1,819 Shares of Fidelity International High Dividend ETF (NYSEARCA:FIDI)

Element Wealth LLC reduced its position in Fidelity International High Dividend ETF (NYSEARCA:FIDI) by 2.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 63,830 shares of the company’s stock after selling 1,819 shares during the quarter. Fidelity International High Dividend ETF comprises about 0.8% of Element Wealth LLC’s portfolio, making the stock its 23rd largest holding. Element Wealth LLC’s holdings in Fidelity International High Dividend ETF were worth $1,315,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of FIDI. International Assets Investment Management LLC acquired a new stake in shares of Fidelity International High Dividend ETF in the 4th quarter valued at approximately $42,000. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Fidelity International High Dividend ETF in the 3rd quarter valued at approximately $222,000. Beam Wealth Advisors Inc. acquired a new stake in shares of Fidelity International High Dividend ETF in the 3rd quarter valued at approximately $1,205,000. Kestra Advisory Services LLC boosted its stake in shares of Fidelity International High Dividend ETF by 17.7% in the 3rd quarter. Kestra Advisory Services LLC now owns 161,161 shares of the company’s stock valued at $2,988,000 after purchasing an additional 24,267 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in shares of Fidelity International High Dividend ETF by 14.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 224,696 shares of the company’s stock valued at $4,166,000 after purchasing an additional 27,818 shares in the last quarter.

Fidelity International High Dividend ETF Trading Up 0.7 %

NYSEARCA:FIDI traded up $0.15 during mid-day trading on Tuesday, hitting $20.69. 10,515 shares of the company’s stock were exchanged, compared to its average volume of 14,474. The company has a 50 day simple moving average of $20.63 and a 200-day simple moving average of $19.93. Fidelity International High Dividend ETF has a fifty-two week low of $17.70 and a fifty-two week high of $21.19. The firm has a market capitalization of $97.24 million, a P/E ratio of 10.05 and a beta of 0.76.

Fidelity International High Dividend ETF 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.