MML Investors Services LLC raised its holdings in Fidelity High Yield Factor ETF (NYSEARCA:FDHY – Free Report) by 12.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,040 shares of the company’s stock after acquiring an additional 650 shares during the period. MML Investors Services LLC’s holdings in Fidelity High Yield Factor ETF were worth $298,000 at the end of the most recent reporting period.
A number of other large investors have also recently modified their holdings of the business. Commonwealth Equity Services LLC raised its position in shares of Fidelity High Yield Factor ETF by 14.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 112,906 shares of the company’s stock valued at $5,394,000 after buying an additional 14,024 shares in the last quarter. Larson Financial Group LLC bought a new position in Fidelity High Yield Factor ETF in the second quarter valued at $38,000. Axxcess Wealth Management LLC purchased a new stake in Fidelity High Yield Factor ETF during the second quarter valued at about $1,830,000. Dentgroup LLC purchased a new stake in Fidelity High Yield Factor ETF during the third quarter valued at about $1,113,000. Finally, Freestate Advisors LLC purchased a new position in shares of Fidelity High Yield Factor ETF in the 3rd quarter worth about $286,000.
Fidelity High Yield Factor ETF Price Performance
Shares of NYSEARCA FDHY opened at $48.63 on Thursday. The stock’s 50-day moving average is $48.82 and its 200 day moving average is $48.68. Fidelity High Yield Factor ETF has a 1-year low of $47.05 and a 1-year high of $49.79.
Fidelity High Yield Factor ETF Company Profile
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.
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