216,139 Shares in Fidelity High Yield Factor ETF $FDHY Acquired by Investors Research Corp

Investors Research Corp purchased a new position in shares of Fidelity High Yield Factor ETF (NYSEARCA:FDHY) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 216,139 shares of the company’s stock, valued at approximately $10,597,000. Fidelity High Yield Factor ETF comprises about 1.9% of Investors Research Corp’s holdings, making the stock its 12th biggest holding. Investors Research Corp owned 1.83% of Fidelity High Yield Factor ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Jane Street Group LLC increased its stake in shares of Fidelity High Yield Factor ETF by 187.7% in the first quarter. Jane Street Group LLC now owns 14,900 shares of the company’s stock worth $716,000 after acquiring an additional 9,721 shares during the period. Raymond James Financial Inc. raised its holdings in shares of Fidelity High Yield Factor ETF by 13.2% during the second quarter. Raymond James Financial Inc. now owns 68,787 shares of the company’s stock worth $3,360,000 after purchasing an additional 8,009 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in Fidelity High Yield Factor ETF by 11.9% during the third quarter. Envestnet Asset Management Inc. now owns 8,154 shares of the company’s stock valued at $402,000 after purchasing an additional 869 shares during the period. JPMorgan Chase & Co. lifted its position in Fidelity High Yield Factor ETF by 2.0% during the third quarter. JPMorgan Chase & Co. now owns 38,263 shares of the company’s stock valued at $1,886,000 after purchasing an additional 752 shares during the period. Finally, Susquehanna International Group LLP acquired a new stake in Fidelity High Yield Factor ETF during the 3rd quarter worth about $289,000.

Fidelity High Yield Factor ETF Stock Down 0.1%

Shares of FDHY opened at $48.86 on Wednesday. The business’s 50-day moving average is $49.05 and its two-hundred day moving average is $49.10. Fidelity High Yield Factor ETF has a fifty-two week low of $48.00 and a fifty-two week high of $49.71.

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. FDHY was launched on Jun 12, 2018 and is managed by Fidelity.