Commonwealth Equity Services LLC Makes New $116.01 Million Investment in Fidelity Enhanced Large Cap Value ETF $FELV

Commonwealth Equity Services LLC purchased a new stake in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) in the third quarter, HoldingsChannel.com reports. The fund purchased 2,804,182 shares of the company’s stock, valued at approximately $116,009,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Basso Capital Management L.P. acquired a new stake in shares of Fidelity Enhanced Large Cap Value ETF in the 3rd quarter valued at $4,335,000. Modera Wealth Management LLC acquired a new position in shares of Fidelity Enhanced Large Cap Value ETF during the 3rd quarter worth $444,000. Latitude Advisors LLC acquired a new position in shares of Fidelity Enhanced Large Cap Value ETF during the 3rd quarter worth $72,000. Flagship Harbor Advisors LLC acquired a new position in shares of Fidelity Enhanced Large Cap Value ETF during the 3rd quarter worth $326,000. Finally, Geneva Partners LLC lifted its position in shares of Fidelity Enhanced Large Cap Value ETF by 31.1% during the 3rd quarter. Geneva Partners LLC now owns 8,760 shares of the company’s stock worth $362,000 after buying an additional 2,076 shares during the last quarter.

Fidelity Enhanced Large Cap Value ETF Stock Performance

Shares of Fidelity Enhanced Large Cap Value ETF stock traded down $0.13 during midday trading on Friday, hitting $42.62. 647,083 shares of the company traded hands, compared to its average volume of 230,475. The firm’s fifty day moving average price is $42.46 and its 200-day moving average price is $39.48. The stock has a market cap of $3.63 billion, a price-to-earnings ratio of 19.73 and a beta of 0.75. Fidelity Enhanced Large Cap Value ETF has a 12 month low of $32.83 and a 12 month high of $44.24.

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.