Short Interest in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Decreases By 94.3%

Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 8,142 shares, a drop of 94.3% from the January 15th total of 143,046 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 129,033 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 129,033 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Founders Financial Alliance LLC acquired a new position in Fidelity Enhanced Large Cap Value ETF in the third quarter valued at approximately $25,000. Holos Integrated Wealth LLC acquired a new position in shares of Fidelity Enhanced Large Cap Value ETF in the 4th quarter valued at $31,000. Assetmark Inc. grew its position in shares of Fidelity Enhanced Large Cap Value ETF by 178.6% in the 4th quarter. Assetmark Inc. now owns 1,482 shares of the company’s stock valued at $51,000 after buying an additional 950 shares during the last quarter. Bogart Wealth LLC acquired a new stake in Fidelity Enhanced Large Cap Value ETF during the 2nd quarter worth $66,000. Finally, CoreCap Advisors LLC raised its stake in Fidelity Enhanced Large Cap Value ETF by 430.2% during the 4th quarter. CoreCap Advisors LLC now owns 2,301 shares of the company’s stock worth $80,000 after acquiring an additional 1,867 shares in the last quarter.

Fidelity Enhanced Large Cap Value ETF Stock Up 0.3%

Fidelity Enhanced Large Cap Value ETF stock traded up $0.12 during trading on Wednesday, reaching $36.67. The stock had a trading volume of 81,528 shares, compared to its average volume of 164,915. Fidelity Enhanced Large Cap Value ETF has a 52-week low of $26.48 and a 52-week high of $36.85. The stock has a market cap of $2.75 billion, a PE ratio of 18.67 and a beta of 0.86. The business has a 50 day moving average price of $35.36 and a 200 day moving average price of $33.98.

About Fidelity Enhanced Large Cap Value ETF

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.