Independence Financial Advisors LLC Grows Position in Fidelity Enhanced Large Cap Value ETF $FELV

Independence Financial Advisors LLC increased its stake in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) by 4.3% during the third quarter, according to its most recent filing with the SEC. The fund owned 700,113 shares of the company’s stock after buying an additional 29,003 shares during the quarter. Fidelity Enhanced Large Cap Value ETF accounts for approximately 7.3% of Independence Financial Advisors LLC’s portfolio, making the stock its 3rd largest holding. Independence Financial Advisors LLC’s holdings in Fidelity Enhanced Large Cap Value ETF were worth $28,964,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Cetera Investment Advisers increased its holdings 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 last quarter. Advisory Resource Group boosted its stake in Fidelity Enhanced Large Cap Value ETF by 7.2% in the fourth quarter. Advisory Resource Group now owns 207,393 shares of the company’s stock valued at $7,188,000 after acquiring an additional 13,864 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Fidelity Enhanced Large Cap Value ETF by 28.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 93,705 shares of the company’s stock valued at $3,757,000 after acquiring an additional 20,470 shares during the period. NewEdge Advisors LLC increased its stake in shares of Fidelity Enhanced Large Cap Value ETF by 23.7% during the 2nd quarter. NewEdge Advisors LLC now owns 52,263 shares of the company’s stock worth $2,095,000 after purchasing an additional 10,002 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new stake in shares of Fidelity Enhanced Large Cap Value ETF during the 2nd quarter worth approximately $1,039,000.

Fidelity Enhanced Large Cap Value ETF Trading Up 0.5%

Shares of NYSEARCA:FELV traded up $0.21 during mid-day trading on Thursday, reaching $42.06. The company had a trading volume of 316,893 shares, compared to its average volume of 206,779. Fidelity Enhanced Large Cap Value ETF has a one year low of $32.73 and a one year high of $43.26. The company’s 50-day moving average price is $42.43 and its 200-day moving average price is $39.94. The firm has a market cap of $3.47 billion, a price-to-earnings ratio of 18.67 and a beta of 0.78.

Fidelity Enhanced Large Cap Value ETF 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.