Short Interest in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Increases By 57.9%

Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) was the recipient of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 163,228 shares, an increase of 57.9% from the February 12th total of 103,351 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 344,603 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 344,603 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the shares of the company are short sold.

Fidelity Enhanced Large Cap Value ETF Trading Down 0.0%

Shares of NYSEARCA FELV traded down $0.01 during midday trading on Friday, hitting $35.07. The company’s stock had a trading volume of 193,117 shares, compared to its average volume of 189,086. The stock has a fifty day moving average price of $36.04 and a 200 day moving average price of $34.60. The firm has a market capitalization of $2.63 billion, a price-to-earnings ratio of 18.67 and a beta of 0.86. Fidelity Enhanced Large Cap Value ETF has a one year low of $26.48 and a one year high of $36.95.

Institutional Investors Weigh In On Fidelity Enhanced Large Cap Value ETF

Several large investors have recently added to or reduced their stakes in the business. Founders Financial Alliance LLC bought a new position in Fidelity Enhanced Large Cap Value ETF in the third quarter valued at $25,000. Holos Integrated Wealth LLC bought a new position in shares of Fidelity Enhanced Large Cap Value ETF during the fourth quarter valued at about $31,000. Assetmark Inc. lifted its holdings in 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 worth $51,000 after buying an additional 950 shares during the period. SHP Wealth Management bought a new stake in Fidelity Enhanced Large Cap Value ETF in the fourth quarter valued at $53,000. Finally, CoreCap Advisors LLC boosted its stake in shares of 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 valued at $80,000 after purchasing an additional 1,867 shares in the last quarter.

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.