Fidelity Covington Trust &https://adarima.org/?aHR0cHM6Ly9tY3J5cHRvLmNsdWIvY2F0ZWdvcnJ5Lz93cHNhZmVsaW5rPTB5ZHdUdjNLSFp3QXBic0NhZGZFZUZsZ2lIbmlrZDB0WWJWaGxlVEZJWjB4elluVlhNakY1ZDFab1p6MDk-8211; Fidelity MSCI Information Technology Index ETF (FTEC) Announces $0.22 Dividend

tag is used in the HTML code to enclose several paragraphs of information about Fidelity Covington Trust &https://adarima.org/?aHR0cHM6Ly9tY3J5cHRvLmNsdWIvY2F0ZWdvcnJ5Lz93cHNhZmVsaW5rPTB5ZHdUdjNLSFp3QXBic0NhZGZFZUZsZ2lIbmlrZDB0WWJWaGxlVEZJWjB4elluVlhNakY1ZDFab1p6MDk-8211; Fidelity MSCI Information Technology Index ETF. These paragraphs include details about the company&https://adarima.org/?aHR0cHM6Ly9tY3J5cHRvLmNsdWIvY2F0ZWdvcnJ5Lz93cHNhZmVsaW5rPTB5ZHdUdjNLSFp3QXBic0NhZGZFZUZsZ2lIbmlrZDB0WWJWaGxlVEZJWjB4elluVlhNakY1ZDFab1p6MDk-8217;s quarterly dividend, its historical dividend yield, and information about its shareholders and funds.

The article starts by mentioning that the company&https://adarima.org/?aHR0cHM6Ly9tY3J5cHRvLmNsdWIvY2F0ZWdvcnJ5Lz93cHNhZmVsaW5rPTB5ZHdUdjNLSFp3QXBic0NhZGZFZUZsZ2lIbmlrZDB0WWJWaGxlVEZJWjB4elluVlhNakY1ZDFab1p6MDk-8217;s board of directors has declared a regular quarterly dividend of $0.22 per share, with a record date of June 20, 2023, and a payment date of June 22, 2023. It also notes that this dividend is slightly lower than the previous payment of $0.23 per share.

It then discusses the dividend yield of the company&https://adarima.org/?aHR0cHM6Ly9tY3J5cHRvLmNsdWIvY2F0ZWdvcnJ5Lz93cHNhZmVsaW5rPTB5ZHdUdjNLSFp3QXBic0NhZGZFZUZsZ2lIbmlrZDB0WWJWaGxlVEZJWjB4elluVlhNakY1ZDFab1p6MDk-8217;s stock, which is currently at 0.68% based on the current share price of $129.86. The article compares this yield to the historical average and states that it is 1.57 standard deviations below the average, suggesting that the current yield is relatively low compared to the average.

Next, the article provides information about the sentiment and ownership of the company&https://adarima.org/?aHR0cHM6Ly9tY3J5cHRvLmNsdWIvY2F0ZWdvcnJ5Lz93cHNhZmVsaW5rPTB5ZHdUdjNLSFp3QXBic0NhZGZFZUZsZ2lIbmlrZDB0WWJWaGxlVEZJWjB4elluVlhNakY1ZDFab1p6MDk-8217;s stock by various funds and institutions. It states that there are 333 funds or institutions reporting positions in the company, which is an increase of 6.39% from the previous quarter. It also mentions that the average portfolio weight dedicated to the company has decreased by 25.06%.

The article includes visual representations of the put/call ratio and the shares held by institutions for the company&https://adarima.org/?aHR0cHM6Ly9tY3J5cHRvLmNsdWIvY2F0ZWdvcnJ5Lz93cHNhZmVsaW5rPTB5ZHdUdjNLSFp3QXBic0NhZGZFZUZsZ2lIbmlrZDB0WWJWaGxlVEZJWjB4elluVlhNakY1ZDFab1p6MDk-8217;s stock. It notes that the put/call ratio indicates a bearish outlook for the stock. It also provides details about the changes in portfolio allocations by specific firms, such as Charles Schwab Investment Management, Lido Advisors, Commonwealth Equity Services, Full Sail Capital, and Envestnet Asset Management.

In conclusion, the