Fidelity High Yield Factor ETF (NYSEARCA:FDHY) Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its stake in shares of Fidelity High Yield Factor ETF (NYSEARCA:FDHY) by 422.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,465 shares of the company’s stock after purchasing an additional 10,080 shares during the period. JPMorgan Chase & Co.’s holdings in Fidelity High Yield Factor ETF were worth $615,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of FDHY. Financial Management Professionals Inc. lifted its holdings in shares of Fidelity High Yield Factor ETF by 12.4% in the 3rd quarter. Financial Management Professionals Inc. now owns 394,801 shares of the company’s stock worth $19,468,000 after acquiring an additional 43,505 shares during the last quarter. OmniStar Financial Group Inc. grew its stake in Fidelity High Yield Factor ETF by 150.4% during the 3rd quarter. OmniStar Financial Group Inc. now owns 43,435 shares of the company’s stock worth $2,145,000 after buying an additional 26,091 shares during the last quarter. Great Lakes Retirement Inc. acquired a new position in Fidelity High Yield Factor ETF in the third quarter valued at $1,162,000. Dentgroup LLC purchased a new stake in Fidelity High Yield Factor ETF during the 3rd quarter valued at approximately $1,113,000. Finally, Freestate Advisors LLC acquired a new stake in shares of Fidelity High Yield Factor ETF in the 3rd quarter worth $286,000.

Fidelity High Yield Factor ETF Price Performance

Fidelity High Yield Factor ETF stock opened at $48.91 on Tuesday. The business has a fifty day moving average of $48.70 and a two-hundred day moving average of $48.77. Fidelity High Yield Factor ETF has a one year low of $47.05 and a one year high of $49.79.

Fidelity High Yield Factor ETF 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.