Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Stock Short Interest Report for October

Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 430,056 shares, an increase of 566.0% from the September 30th total of 64,574 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 392,035 shares, the short-interest ratio is currently 1.1 days.

Fidelity Enhanced Large Cap Value ETF Trading Down 0.1%

Shares of NYSEARCA:FELV traded down $0.03 during mid-day trading on Tuesday, reaching $42.94. The company had a trading volume of 126,006 shares, compared to its average volume of 220,225. The company’s 50-day moving average price is $42.42 and its 200-day moving average price is $39.14. The firm has a market cap of $3.60 billion, a price-to-earnings ratio of 18.67 and a beta of 0.78. Fidelity Enhanced Large Cap Value ETF has a one year low of $32.83 and a one year high of $43.26.

Hedge Funds Weigh In On Fidelity Enhanced Large Cap Value ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Independence Financial Advisors LLC grew its holdings in Fidelity Enhanced Large Cap Value ETF by 4.3% in the third quarter. Independence Financial Advisors LLC now owns 700,113 shares of the company’s stock worth $28,964,000 after purchasing an additional 29,003 shares during the last quarter. Cetera Investment Advisers raised its holdings in Fidelity Enhanced Large Cap Value ETF by 5.9% in the 1st quarter. Cetera Investment Advisers now owns 246,013 shares of the company’s stock valued at $8,588,000 after buying an additional 13,686 shares during the period. Envestnet Asset Management Inc. raised its holdings in Fidelity Enhanced Large Cap Value ETF by 28.0% in the second quarter. Envestnet Asset Management Inc. now owns 93,705 shares of the company’s stock valued at $3,757,000 after acquiring an additional 20,470 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of Fidelity Enhanced Large Cap Value ETF by 23.7% in the 2nd quarter. NewEdge Advisors LLC now owns 52,263 shares of the company’s stock valued at $2,095,000 after buying an additional 10,002 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new position in shares of Fidelity Enhanced Large Cap Value ETF in the 2nd quarter valued at approximately $1,039,000.

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.