Fidelity High Yield Factor ETF (NYSEARCA:FDHY) Shares Sold by Smith Chas P & Associates PA Cpas

Smith Chas P & Associates PA Cpas decreased its stake in Fidelity High Yield Factor ETF (NYSEARCA:FDHY) by 27.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 34,841 shares of the company’s stock after selling 13,465 shares during the quarter. Smith Chas P & Associates PA Cpas owned approximately 0.55% of Fidelity High Yield Factor ETF worth $1,681,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Sunbelt Securities Inc. grew its stake in shares of Fidelity High Yield Factor ETF by 11.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 4,771 shares of the company’s stock worth $235,000 after purchasing an additional 486 shares during the period. Freestate Advisors LLC purchased a new position in Fidelity High Yield Factor ETF during the third quarter worth approximately $286,000. MML Investors Services LLC grew its holdings in Fidelity High Yield Factor ETF by 12.1% in the third quarter. MML Investors Services LLC now owns 6,040 shares of the company’s stock valued at $298,000 after purchasing an additional 650 shares during the period. JPMorgan Chase & Co. grew its holdings in Fidelity High Yield Factor ETF by 422.6% in the third quarter. JPMorgan Chase & Co. now owns 12,465 shares of the company’s stock valued at $615,000 after purchasing an additional 10,080 shares during the period. Finally, Breakwater Capital Group increased its position in shares of Fidelity High Yield Factor ETF by 27.6% in the fourth quarter. Breakwater Capital Group now owns 12,858 shares of the company’s stock valued at $620,000 after buying an additional 2,784 shares in the last quarter.

Fidelity High Yield Factor ETF Price Performance

Fidelity High Yield Factor ETF stock opened at $48.84 on Friday. The company’s fifty day moving average price is $48.69 and its 200 day moving average price is $48.76. Fidelity High Yield Factor ETF has a 1 year low of $47.05 and a 1 year high of $49.79.

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.