Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Short Interest Up 234.2% in January
by Sarita Garza · The Markets DailyFidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV – Get Free Report) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 143,046 shares, an increase of 234.2% from the December 31st total of 42,806 shares. Based on an average daily volume of 192,895 shares, the short-interest ratio is presently 0.7 days. Currently, 0.2% of the shares of the company are sold short. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 192,895 shares, the short-interest ratio is presently 0.7 days.
Fidelity Enhanced Large Cap Value ETF Price Performance
Shares of FELV traded down $0.05 during mid-day trading on Friday, hitting $36.02. The stock had a trading volume of 268,965 shares, compared to its average volume of 160,928. The firm has a market cap of $2.69 billion, a P/E ratio of 18.67 and a beta of 0.86. The business has a fifty day moving average price of $35.05 and a 200-day moving average price of $33.73. Fidelity Enhanced Large Cap Value ETF has a 52 week low of $26.48 and a 52 week high of $36.13.
Institutional Investors Weigh In On Fidelity Enhanced Large Cap Value ETF
A number of institutional investors and hedge funds have recently made changes to their positions in FELV. Founders Financial Alliance LLC purchased a new position in shares of Fidelity Enhanced Large Cap Value ETF during the third quarter worth approximately $25,000. Holos Integrated Wealth LLC bought a new position in shares of Fidelity Enhanced Large Cap Value ETF during the fourth quarter valued at approximately $31,000. Assetmark Inc. lifted its position in shares of Fidelity Enhanced Large Cap Value ETF by 178.6% in the 4th quarter. Assetmark Inc. now owns 1,482 shares of the company’s stock worth $51,000 after purchasing an additional 950 shares during the period. Bogart Wealth LLC purchased a new stake in Fidelity Enhanced Large Cap Value ETF in the second quarter worth about $66,000. Finally, CoreCap Advisors LLC lifted its stake in shares of Fidelity Enhanced Large Cap Value ETF by 430.2% in the 4th quarter. CoreCap Advisors LLC now owns 2,301 shares of the company’s stock valued at $80,000 after purchasing an additional 1,867 shares during the period.
Fidelity Enhanced Large Cap Value ETF Company Profile
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.