Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Sets New 1-Year High – Should You Buy?

Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELVGet Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $36.51 and last traded at $36.30, with a volume of 125700 shares traded. The stock had previously closed at $36.31.

Fidelity Enhanced Large Cap Value ETF Stock Down 0.0%

The stock has a market capitalization of $2.68 billion, a price-to-earnings ratio of 18.67 and a beta of 0.86. The stock’s 50-day simple moving average is $35.15 and its 200 day simple moving average is $33.83.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in FELV. Founders Financial Alliance LLC bought a new position in Fidelity Enhanced Large Cap Value ETF in the third quarter valued at approximately $25,000. Holos Integrated Wealth LLC bought a new position in shares of Fidelity Enhanced Large Cap Value ETF in the 4th quarter worth $31,000. Assetmark Inc. grew its stake in shares of Fidelity Enhanced Large Cap Value ETF by 178.6% during the fourth quarter. Assetmark Inc. now owns 1,482 shares of the company’s stock worth $51,000 after purchasing an additional 950 shares during the period. Bogart Wealth LLC acquired a new stake in shares of Fidelity Enhanced Large Cap Value ETF during the second quarter worth $66,000. Finally, CoreCap Advisors LLC increased its holdings in Fidelity Enhanced Large Cap Value ETF by 430.2% in the fourth quarter. CoreCap Advisors LLC now owns 2,301 shares of the company’s stock valued at $80,000 after purchasing an additional 1,867 shares during the last quarter.

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.

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