SeaCrest Wealth Management LLC Makes New Investment in Fidelity Hedged Equity ETF $FHEQ

SeaCrest Wealth Management LLC bought a new position in Fidelity Hedged Equity ETF (BATS:FHEQ) in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 101,992 shares of the company’s stock, valued at approximately $3,433,000. SeaCrest Wealth Management LLC owned about 0.57% of Fidelity Hedged Equity ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FHEQ. NewEdge Advisors LLC acquired a new position in shares of Fidelity Hedged Equity ETF in the second quarter valued at about $33,000. Integrated Wealth Concepts LLC purchased a new position in shares of Fidelity Hedged Equity ETF in the second quarter worth about $37,000. Richards Merrill & Peterson Inc. acquired a new stake in shares of Fidelity Hedged Equity ETF during the third quarter worth about $263,000. Breakwater Capital Group lifted its holdings in shares of Fidelity Hedged Equity ETF by 20.1% during the third quarter. Breakwater Capital Group now owns 9,877 shares of the company’s stock worth $332,000 after purchasing an additional 1,651 shares during the period. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in shares of Fidelity Hedged Equity ETF during the third quarter worth about $337,000.

Fidelity Hedged Equity ETF Stock Down 0.9%

Shares of BATS FHEQ opened at $33.47 on Friday. The business’s 50 day moving average price is $33.90 and its 200 day moving average price is $33.19. The firm has a market cap of $599.11 million, a P/E ratio of 23.95 and a beta of 0.87. Fidelity Hedged Equity ETF has a 52 week low of $28.84 and a 52 week high of $34.60.

Fidelity Hedged Equity ETF Profile

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