Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Sees Large Volume Increase – Should You Buy?

Shares of Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELVGet Free Report) saw unusually-high trading volume on Tuesday . Approximately 604,093 shares changed hands during mid-day trading, an increase of 280% from the previous session’s volume of 159,073 shares.The stock last traded at $30.72 and had previously closed at $30.84.

Fidelity Enhanced Large Cap Value ETF Price Performance

The stock has a market cap of $2.18 billion, a price-to-earnings ratio of 18.85 and a beta of 0.67. The firm has a 50 day simple moving average of $31.37 and a two-hundred day simple moving average of $31.27.

Institutional Investors Weigh In On Fidelity Enhanced Large Cap Value ETF

Large investors have recently bought and sold shares of the company. Westside Investment Management Inc. acquired a new stake in shares of Fidelity Enhanced Large Cap Value ETF during the fourth quarter worth about $25,000. Wood Tarver Financial Group LLC bought a new stake in Fidelity Enhanced Large Cap Value ETF during the 4th quarter worth approximately $26,000. Allworth Financial LP raised its holdings in Fidelity Enhanced Large Cap Value ETF by 4,634.4% during the 4th quarter. Allworth Financial LP now owns 1,515 shares of the company’s stock worth $48,000 after buying an additional 1,483 shares during the period. PSI Advisors LLC bought a new position in Fidelity Enhanced Large Cap Value ETF in the fourth quarter valued at approximately $69,000. Finally, Richardson Capital Management LLC bought a new position in Fidelity Enhanced Large Cap Value ETF in the fourth quarter valued at approximately $117,000.

Fidelity Enhanced Large Cap Value ETF Company Profile

(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

Receive News & Ratings for Fidelity Enhanced Large Cap Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Enhanced Large Cap Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.