Fidelity International High Dividend ETF (NYSEARCA:FIDI) Trading 1.4% Higher – Time to Buy?

Fidelity International High Dividend ETF (NYSEARCA:FIDI) shares were up 1.4% during trading on Thursday . The company traded as high as $27.67 and last traded at $27.56. Approximately 72,831 shares traded hands during trading, a decline of 20% from the average session volume of 91,039 shares. The stock had previously closed at $27.17.

Fidelity International High Dividend ETF Stock Performance

The firm’s 50-day simple moving average is $27.94 and its 200 day simple moving average is $27.53. The company has a market cap of $327.96 million, a P/E ratio of 13.70 and a beta of 0.56.

Institutional Trading of Fidelity International High Dividend ETF

Large investors have recently made changes to their positions in the company. Bank of America Corp DE grew its position in shares of Fidelity International High Dividend ETF by 14.4% in the 1st quarter. Bank of America Corp DE now owns 172,738 shares of the company’s stock valued at $4,768,000 after purchasing an additional 21,693 shares during the period. Royal Bank of Canada grew its stake in shares of Fidelity International High Dividend ETF by 85.6% during the 1st quarter. Royal Bank of Canada now owns 44,079 shares of the company’s stock worth $1,217,000 after acquiring an additional 20,333 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of Fidelity International High Dividend ETF by 47.4% during the 1st quarter. Cetera Investment Advisers now owns 42,817 shares of the company’s stock worth $1,182,000 after acquiring an additional 13,775 shares in the last quarter. Ball & Co Wealth Management Inc. raised its holdings in shares of Fidelity International High Dividend ETF by 3.3% in the first quarter. Ball & Co Wealth Management Inc. now owns 14,418 shares of the company’s stock valued at $398,000 after purchasing an additional 459 shares during the last quarter. Finally, Beacon Financial Group raised its holdings in shares of Fidelity International High Dividend ETF by 6.8% in the first quarter. Beacon Financial Group now owns 18,120 shares of the company’s stock valued at $500,000 after purchasing an additional 1,153 shares during the last quarter.

Fidelity International High Dividend ETF Company 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.