Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Short Interest Update
by Danessa Lincoln · The Markets DailyFidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV – Get Free Report) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 264,203 shares, a growth of 256.2% from the March 15th total of 74,173 shares. Based on an average daily trading volume, of 399,295 shares, the short-interest ratio is presently 0.7 days. Approximately 0.3% of the company’s stock are sold short.
Institutional Investors Weigh In On Fidelity Enhanced Large Cap Value ETF
Several large investors have recently bought and sold shares of the stock. Founders Financial Alliance LLC acquired a new stake in Fidelity Enhanced Large Cap Value ETF in the 3rd quarter valued at about $25,000. Holos Integrated Wealth LLC acquired a new position in shares of Fidelity Enhanced Large Cap Value ETF during the fourth quarter worth about $31,000. Assetmark Inc. grew its position in shares of Fidelity Enhanced Large Cap Value ETF by 178.6% during the fourth quarter. Assetmark Inc. now owns 1,482 shares of the company’s stock worth $51,000 after buying an additional 950 shares in the last quarter. SHP Wealth Management purchased a new stake in shares of Fidelity Enhanced Large Cap Value ETF during the fourth quarter worth approximately $53,000. Finally, CoreCap Advisors LLC increased its stake in shares of Fidelity Enhanced Large Cap Value ETF by 430.2% during the fourth quarter. CoreCap Advisors LLC now owns 2,301 shares of the company’s stock worth $80,000 after buying an additional 1,867 shares during the period.
Fidelity Enhanced Large Cap Value ETF Stock Performance
Shares of Fidelity Enhanced Large Cap Value ETF stock traded down $0.20 during trading hours on Friday, reaching $36.22. 366,788 shares of the company were exchanged, compared to its average volume of 224,012. Fidelity Enhanced Large Cap Value ETF has a 1 year low of $27.95 and a 1 year high of $36.95. The stock’s fifty day moving average is $35.84 and its 200 day moving average is $34.86. The firm has a market cap of $2.76 billion, a PE ratio of 18.67 and a beta of 0.82.
About Fidelity Enhanced Large Cap Value ETF
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.