Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Hits New 52-Week High – Here’s What Happened

Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) reached a new 52-week high on Wednesday . The stock traded as high as $43.23 and last traded at $43.21, with a volume of 21463 shares trading hands. The stock had previously closed at $42.79.

Fidelity Enhanced Large Cap Value ETF Stock Performance

The business’s 50-day moving average is $41.29 and its 200-day moving average is $38.47. The company has a market capitalization of $3.37 billion, a PE ratio of 18.67 and a beta of 0.76.

Hedge Funds Weigh In On Fidelity Enhanced Large Cap Value ETF

Several large investors have recently made changes to their positions in the business. Commonwealth Equity Services LLC grew its stake in shares of Fidelity Enhanced Large Cap Value ETF by 0.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,814,387 shares of the company’s stock worth $62,887,000 after buying an additional 9,849 shares during the last quarter. Sowa Financial Group Inc. raised its stake in Fidelity Enhanced Large Cap Value ETF by 3.5% during the fourth quarter. Sowa Financial Group Inc. now owns 648,068 shares of the company’s stock valued at $22,462,000 after buying an additional 21,757 shares during the last quarter. LPL Financial LLC boosted its holdings in Fidelity Enhanced Large Cap Value ETF by 33.3% in the fourth quarter. LPL Financial LLC now owns 582,791 shares of the company’s stock worth $20,200,000 after acquiring an additional 145,721 shares in the last quarter. Cetera Investment Advisers boosted its holdings in Fidelity Enhanced Large Cap Value ETF by 5.9% in the first quarter. Cetera Investment Advisers now owns 246,013 shares of the company’s stock worth $8,588,000 after acquiring an additional 13,686 shares in the last quarter. Finally, Advisory Resource Group boosted its holdings in Fidelity Enhanced Large Cap Value ETF by 7.2% in the fourth quarter. Advisory Resource Group now owns 207,393 shares of the company’s stock worth $7,188,000 after acquiring an additional 13,864 shares in the last quarter.

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.