Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Short Interest Update

Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 143,046 shares, an increase of 234.2% from the December 31st total of 42,806 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 192,895 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 192,895 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Investors Weigh In On Fidelity Enhanced Large Cap Value ETF

A number of institutional investors have recently modified their holdings of the stock. Independence Financial Advisors LLC raised its holdings in Fidelity Enhanced Large Cap Value ETF by 2,794.7% in the second quarter. Independence Financial Advisors LLC now owns 873,531 shares of the company’s stock worth $27,752,000 after buying an additional 843,354 shares during the last quarter. Commonwealth Equity Services LLC increased its position in shares of Fidelity Enhanced Large Cap Value ETF by 22.8% during the second quarter. Commonwealth Equity Services LLC now owns 1,727,871 shares of the company’s stock valued at $54,894,000 after acquiring an additional 321,351 shares in the last quarter. Weil Company Inc. purchased a new position in Fidelity Enhanced Large Cap Value ETF in the 2nd quarter worth approximately $8,054,000. Envestnet Asset Management Inc. lifted its position in Fidelity Enhanced Large Cap Value ETF by 25.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 842,672 shares of the company’s stock valued at $26,772,000 after acquiring an additional 173,460 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in Fidelity Enhanced Large Cap Value ETF by 815.9% during the 2nd quarter. Cetera Investment Advisers now owns 141,229 shares of the company’s stock valued at $4,487,000 after purchasing an additional 125,809 shares during the last quarter.

Fidelity Enhanced Large Cap Value ETF Price Performance

NYSEARCA:FELV traded up $0.04 during mid-day trading on Wednesday, hitting $35.87. 101,004 shares of the company’s stock were exchanged, compared to its average volume of 159,161. Fidelity Enhanced Large Cap Value ETF has a one year low of $26.48 and a one year high of $36.01. The business has a fifty day moving average price of $34.93 and a 200 day moving average price of $33.69. The company has a market cap of $2.64 billion, a PE ratio of 18.67 and a beta of 0.86.

Fidelity Enhanced Large Cap Value ETF Company 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.