Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Sets New 52-Week High – Here’s What Happened
by Danessa Lincoln · The Markets DailyFidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV – Get Free Report) reached a new 52-week high during trading on Wednesday. The stock traded as high as $43.80 and last traded at $43.7440, with a volume of 117,908 shares trading hands. The stock had previously closed at $43.01.
Fidelity Enhanced Large Cap Value ETF Stock Down 0.2%
The business’s fifty day moving average is $42.46 and its two-hundred day moving average is $39.44. The stock has a market cap of $3.62 billion, a price-to-earnings ratio of 19.73 and a beta of 0.75.
Institutional Trading of Fidelity Enhanced Large Cap Value ETF
Large investors have recently modified their holdings of the stock. Citadel Advisors LLC acquired a new position in shares of Fidelity Enhanced Large Cap Value ETF during the 2nd quarter worth about $1,039,000. JFS Wealth Advisors LLC raised its position in shares of Fidelity Enhanced Large Cap Value ETF by 238.6% during the 2nd quarter. JFS Wealth Advisors LLC now owns 24,024 shares of the company’s stock worth $963,000 after acquiring an additional 16,928 shares in the last quarter. Independence Financial Advisors LLC raised its position in shares of Fidelity Enhanced Large Cap Value ETF by 4.3% during the 3rd quarter. Independence Financial Advisors LLC now owns 700,113 shares of the company’s stock worth $28,964,000 after acquiring an additional 29,003 shares in the last quarter. Cetera Investment Advisers raised its position in shares of Fidelity Enhanced Large Cap Value ETF by 5.9% during the 1st quarter. Cetera Investment Advisers now owns 246,013 shares of the company’s stock worth $8,588,000 after acquiring an additional 13,686 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in Fidelity Enhanced Large Cap Value ETF by 28.0% during the second quarter. Envestnet Asset Management Inc. now owns 93,705 shares of the company’s stock worth $3,757,000 after purchasing an additional 20,470 shares during the last quarter.
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.
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