Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Stock Short Interest Report for September

by · The Markets Daily

Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV – Get Free Report) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 64,574 shares, a drop of 91.4% from the September 15th total of 754,499 shares. Based on an average trading volume of 382,316 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

Fidelity Enhanced Large Cap Value ETF Stock Performance

Fidelity Enhanced Large Cap Value ETF stock traded up $0.25 during midday trading on Friday, reaching $42.31. The company’s stock had a trading volume of 404,254 shares, compared to its average volume of 207,807. The firm has a market capitalization of $3.49 billion, a PE ratio of 18.67 and a beta of 0.78. Fidelity Enhanced Large Cap Value ETF has a fifty-two week low of $32.73 and a fifty-two week high of $43.26. The stock’s 50 day simple moving average is $42.45 and its 200 day simple moving average is $40.04.

Hedge Funds Weigh In On Fidelity Enhanced Large Cap Value ETF

Large investors have recently made changes to their positions in the stock. Independence Financial Advisors LLC lifted its stake in shares of Fidelity Enhanced Large Cap Value ETF by 4.3% in the third quarter. Independence Financial Advisors LLC now owns 700,113 shares of the company’s stock valued at $28,964,000 after purchasing an additional 29,003 shares during the period. Cetera Investment Advisers grew its position in Fidelity Enhanced Large Cap Value ETF by 5.9% during the first quarter. Cetera Investment Advisers now owns 246,013 shares of the company’s stock worth $8,588,000 after buying an additional 13,686 shares during the period. Advisory Resource Group grew its position in Fidelity Enhanced Large Cap Value ETF by 7.2% during the fourth quarter. Advisory Resource Group now owns 207,393 shares of the company’s stock worth $7,188,000 after buying an additional 13,864 shares during the period. Envestnet Asset Management Inc. increased its holdings in Fidelity Enhanced Large Cap Value ETF by 28.0% in the second quarter. Envestnet Asset Management Inc. now owns 93,705 shares of the company’s stock valued at $3,757,000 after buying an additional 20,470 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in Fidelity Enhanced Large Cap Value ETF by 23.7% in the second quarter. NewEdge Advisors LLC now owns 52,263 shares of the company’s stock valued at $2,095,000 after buying an additional 10,002 shares in the last quarter.

About Fidelity Enhanced Large Cap Value ETF

(Get Free Report)

The Fidelity Enhanced Large Cap Value ETF (FELV) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in large-cap value stocks belonging to a broad US equity value index. The fund aims for growth of capital FELV was launched on Apr 19, 2007 and is issued by Fidelity.

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