Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Reaches New 1-Year High – Here’s What Happened

Shares of Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELVGet Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as $38.53 and last traded at $38.51, with a volume of 39204 shares. The stock had previously closed at $38.39.

Fidelity Enhanced Large Cap Value ETF Stock Performance

The company’s fifty day simple moving average is $36.19 and its two-hundred day simple moving average is $35.44. The stock has a market capitalization of $2.95 billion, a P/E ratio of 18.67 and a beta of 0.82.

Hedge Funds Weigh In On Fidelity Enhanced Large Cap Value ETF

A number of large investors have recently made changes to their positions in FELV. Founders Financial Alliance LLC bought a new stake in Fidelity Enhanced Large Cap Value ETF in the 3rd quarter valued at $25,000. Holos Integrated Wealth LLC bought a new position in Fidelity Enhanced Large Cap Value ETF during the 4th quarter worth $31,000. Assetmark Inc. lifted its holdings 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 bought a new stake in shares of Fidelity Enhanced Large Cap Value ETF in the fourth quarter valued at about $53,000. Finally, CoreCap Advisors LLC grew its stake in shares of Fidelity Enhanced Large Cap Value ETF by 430.2% in the fourth quarter. CoreCap Advisors LLC now owns 2,301 shares of the company’s stock valued at $80,000 after acquiring an additional 1,867 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.

Further Reading

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