Breakwater Capital Group Has $620,000 Stock Holdings in Fidelity High Yield Factor ETF (NYSEARCA:FDHY)

Breakwater Capital Group boosted its position in shares of Fidelity High Yield Factor ETF (NYSEARCA:FDHY) by 27.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 12,858 shares of the company’s stock after purchasing an additional 2,784 shares during the quarter. Breakwater Capital Group’s holdings in Fidelity High Yield Factor ETF were worth $620,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Sunbelt Securities Inc. lifted its holdings in Fidelity High Yield Factor ETF by 11.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 4,771 shares of the company’s stock worth $235,000 after buying an additional 486 shares in the last quarter. Freestate Advisors LLC acquired a new position in Fidelity High Yield Factor ETF during the 3rd quarter worth $286,000. MML Investors Services LLC raised its position in shares of Fidelity High Yield Factor ETF by 12.1% during the 3rd quarter. MML Investors Services LLC now owns 6,040 shares of the company’s stock valued at $298,000 after acquiring an additional 650 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Fidelity High Yield Factor ETF by 422.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 12,465 shares of the company’s stock valued at $615,000 after acquiring an additional 10,080 shares during the last quarter. Finally, Sigma Planning Corp raised its position in shares of Fidelity High Yield Factor ETF by 1.9% during the 3rd quarter. Sigma Planning Corp now owns 21,800 shares of the company’s stock valued at $1,075,000 after acquiring an additional 404 shares during the last quarter.

Fidelity High Yield Factor ETF Trading Up 0.2 %

Shares of Fidelity High Yield Factor ETF stock opened at $48.22 on Wednesday. The firm has a fifty day moving average of $48.73 and a two-hundred day moving average of $48.72. Fidelity High Yield Factor ETF has a 52 week low of $47.05 and a 52 week high of $49.79.

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.