Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Reaches New 12-Month High – Here’s Why

Shares of Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELVGet Free Report) hit a new 52-week high on Wednesday . The stock traded as high as $34.77 and last traded at $34.8550, with a volume of 94644 shares trading hands. The stock had previously closed at $34.41.

Fidelity Enhanced Large Cap Value ETF Price Performance

The stock has a market cap of $2.53 billion, a PE ratio of 18.67 and a beta of 0.86. The business has a 50 day moving average price of $33.75 and a two-hundred day moving average price of $32.72.

Institutional Trading of Fidelity Enhanced Large Cap Value ETF

A number of institutional investors have recently modified their holdings of FELV. Founders Financial Alliance LLC purchased a new position in Fidelity Enhanced Large Cap Value ETF during the 3rd quarter valued at about $25,000. Bogart Wealth LLC bought a new stake in shares of Fidelity Enhanced Large Cap Value ETF in the 2nd quarter worth approximately $66,000. Farther Finance Advisors LLC increased its stake in shares of Fidelity Enhanced Large Cap Value ETF by 3,650.0% during the second quarter. Farther Finance Advisors LLC now owns 2,625 shares of the company’s stock valued at $83,000 after buying an additional 2,555 shares during the period. Ameritas Advisory Services LLC bought a new position in shares of Fidelity Enhanced Large Cap Value ETF during the second quarter valued at approximately $141,000. Finally, Key Financial Inc lifted its stake in Fidelity Enhanced Large Cap Value ETF by 77.7% in the third quarter. Key Financial Inc now owns 5,057 shares of the company’s stock worth $170,000 after acquiring an additional 2,211 shares during the period.

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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