FDVV β€” FIDELITY COVINGTON TRUST

Ownership history in Powers Advisory Group, LLC  Β·  8 quarters on record

This page tracks every 13F SEC filing in which Powers Advisory Group, LLC reported a position in FIDELITY COVINGTON TRUST (FDVV). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
2.47% (2025 Q4)
πŸ“Š Avg. % of fund
0.98%
πŸ“… First filed
2024 Q1
πŸ“… Last filed
2025 Q4
⏱ Quarters held
8

Position Intelligence

Powers Advisory Group, LLC Γ— FDVV AI Analytics

πŸ“‰ Powers Advisory Group, LLC underperformed the S&P 500 by –0.5% annually on this FDVV position. Timing score: 83% (5/6 decisions correct). Average cost basis: $53.00. Maximum drawdown during holding period: –0.4%.

πŸ“ˆ Position Alpha vs SPY
-0.5%
annualised excess return

➑️ Roughly in line with S&P 500 (±1% alpha range).
6 quarters analyzed

⏱️ Timing Score
83%

🎯 Smart timing β€” consistently buying dips and trimming near peaks.
5 of 6 add/trim decisions correct

πŸ’° Entry Quality
$53.00
+6.1% vs current ($56.24)

Best entry: $44.30 (2024 Q2)  Β·  Worst: $56.24 (2025 Q4)

πŸ›‘οΈ Drawdown Resilience
–0.4%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
100%
buy-side decisions

8 adds Β· 0 trims. Bought during 1 of 1 down-price quarters. πŸ‚ Consistently bullish β€” fund kept accumulating this position.

πŸ“‘ Position Trajectory
↑ Growing
last 4–5 quarters trend

πŸ“ˆ Powers Advisory Group, LLC has been actively increasing its FDVV allocation β€” a bullish signal from insiders.
Currently 2.47% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    FDVV price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 8 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 ADDED 115,874 +18,873 +19.5% 2.47% $6.6M $56.24
2025 Q3 ADDED 97,001 +42,213 +77.0% 2.15% $5.4M $54.88
2025 Q2 ADDED 54,788 +31,517 +135.4% 1.25% $2.9M $50.90
2025 Q1 ADDED 23,271 +6,464 +38.5% 0.55% $1.2M $48.11
2024 Q4 ADDED 16,807 +1,030 +6.5% 0.42% $839K $48.04
2024 Q3 ADDED 15,777 +3,332 +26.8% 0.40% $799K $48.25
2024 Q2 ADDED 12,445 +2,537 +25.6% 0.32% $582K $44.30
2024 Q1 INITIATED 9,908 β€” β€” 0.26% $449K β€”
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