Fidelity Hedged Equity ETF $FHEQ Stock Sold by Southern Financial Group LLC

Southern Financial Group LLC lessened its holdings in Fidelity Hedged Equity ETF (BATS:FHEQ) by 8.0% during the third quarter, Holdings Channel.com reports. The firm owned 983,678 shares of the company’s stock after selling 85,016 shares during the quarter. Fidelity Hedged Equity ETF comprises about 9.0% of Southern Financial Group LLC’s portfolio, making the stock its 6th largest holding. Southern Financial Group LLC owned about 0.05% of Fidelity Hedged Equity ETF worth $33,111,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. NewEdge Advisors LLC bought a new position in Fidelity Hedged Equity ETF in the 2nd quarter worth about $33,000. Integrated Wealth Concepts LLC bought a new position in Fidelity Hedged Equity ETF in the 2nd quarter valued at approximately $37,000. Latitude Advisors LLC bought a new position in Fidelity Hedged Equity ETF in the 3rd quarter valued at approximately $40,000. Laurel Wealth Advisors LLC purchased a new stake in Fidelity Hedged Equity ETF during the 3rd quarter valued at $108,000. Finally, Richards Merrill & Peterson Inc. purchased a new position in shares of Fidelity Hedged Equity ETF in the third quarter worth $263,000.

Fidelity Hedged Equity ETF Price Performance

Shares of BATS:FHEQ opened at $33.32 on Thursday. Fidelity Hedged Equity ETF has a 1 year low of $28.84 and a 1 year high of $34.60. The stock’s fifty day moving average price is $33.76 and its 200-day moving average price is $32.47. The company has a market cap of $596.43 million, a P/E ratio of 23.95 and a beta of 0.87.

Fidelity Hedged Equity ETF Company Profile

The Fidelity Hedged Equity ETF (FHEQ) is an exchange-traded fund that trades on the BATS exchange in the United States.