Cambridge Investment Research Advisors Inc. Sells 1,663 Shares of Fidelity High Yield Factor ETF (NYSEARCA:FDHY)

Cambridge Investment Research Advisors Inc. reduced its position in shares of Fidelity High Yield Factor ETF (NYSEARCA:FDHY – Get Rating) by 14.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,001 shares of the company’s stock after selling 1,663 shares during the quarter. Cambridge Investment Research Advisors Inc. owned 0.17% of Fidelity High Yield Factor ETF worth $460,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FDHY. Lam Group Inc. bought a new position in shares of Fidelity High Yield Factor ETF in the fourth quarter valued at about $26,000. Foundations Investment Advisors LLC increased its position in Fidelity High Yield Factor ETF by 38.7% during the fourth quarter. Foundations Investment Advisors LLC now owns 39,187 shares of the company’s stock worth $1,802,000 after acquiring an additional 10,932 shares during the period. Sigma Planning Corp increased its position in Fidelity High Yield Factor ETF by 220.2% during the third quarter. Sigma Planning Corp now owns 23,763 shares of the company’s stock worth $1,050,000 after acquiring an additional 16,341 shares during the period. Stonebridge Financial Planning Group LLC increased its position in Fidelity High Yield Factor ETF by 16.8% during the fourth quarter. Stonebridge Financial Planning Group LLC now owns 59,690 shares of the company’s stock worth $2,746,000 after acquiring an additional 8,570 shares during the period. Finally, Glass Jacobson Investment Advisors llc bought a new position in Fidelity High Yield Factor ETF during the fourth quarter worth about $710,000.

Fidelity High Yield Factor ETF Stock Down 0.1 %

NYSEARCA:FDHY opened at $45.97 on Friday. Fidelity High Yield Factor ETF has a 52 week low of $43.78 and a 52 week high of $49.65. The firm’s 50-day simple moving average is $46.68 and its 200 day simple moving average is $46.61.

Fidelity High Yield Factor ETF Company Profile

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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.