Fidelity Yield Enhanced Equity ETF (BATS:FYEE) Stock Price Breaks Below 200 Day Moving Average – Time to Sell?

Fidelity Yield Enhanced Equity ETF (BATS:FYEE – Get Free Report)’s share price passed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $29.22 and traded as low as $28.62. Fidelity Yield Enhanced Equity ETF shares last traded at $28.67, with a volume of 483,684 shares changing hands.

Fidelity Yield Enhanced Equity ETF Price Performance

The stock has a market capitalization of $14.34 million, a price-to-earnings ratio of 24.14 and a beta of 1.00. The business’s fifty day moving average price is $29.96 and its 200-day moving average price is $29.22.

Hedge Funds Weigh In On Fidelity Yield Enhanced Equity ETF

Several large investors have recently added to or reduced their stakes in FYEE. Kraematon Investment Advisors Inc. boosted its stake in Fidelity Yield Enhanced Equity ETF by 2.7% during the 2nd quarter. Kraematon Investment Advisors Inc. now owns 36,143 shares of the company’s stock valued at $1,044,000 after purchasing an additional 963 shares during the last quarter. Latitude Advisors LLC bought a new stake in Fidelity Yield Enhanced Equity ETF during the 3rd quarter worth approximately $30,000. Flagship Harbor Advisors LLC raised its stake in shares of Fidelity Yield Enhanced Equity ETF by 22.5% in the third quarter. Flagship Harbor Advisors LLC now owns 11,255 shares of the company’s stock worth $334,000 after purchasing an additional 2,066 shares during the last quarter. IFP Advisors Inc raised its stake in shares of Fidelity Yield Enhanced Equity ETF by 165.9% in the second quarter. IFP Advisors Inc now owns 4,521 shares of the company’s stock worth $131,000 after purchasing an additional 2,821 shares during the last quarter. Finally, NFSG Corp raised its stake in shares of Fidelity Yield Enhanced Equity ETF by 12.8% in the third quarter. NFSG Corp now owns 26,719 shares of the company’s stock worth $793,000 after purchasing an additional 3,039 shares during the last quarter.

Fidelity Yield Enhanced Equity ETF Company Profile

(Get Free Report)

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

Further Reading

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