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

Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV)’s stock price hit a new 52-week high during trading on Thursday. The company traded as high as $43.27 and last traded at $43.2090, with a volume of 170,826 shares changing hands. The stock had previously closed at $43.00.

Fidelity Enhanced Large Cap Value ETF Trading Up 0.5%

The stock has a fifty day simple moving average of $42.42 and a two-hundred day simple moving average of $39.21. The company has a market cap of $3.64 billion, a PE ratio of 18.67 and a beta of 0.78.

Institutional Trading of Fidelity Enhanced Large Cap Value ETF

A number of institutional investors have recently modified their holdings of FELV. Independence Financial Advisors LLC grew its holdings in shares of Fidelity Enhanced Large Cap Value ETF by 4.3% during the 3rd 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 period. Citadel Advisors LLC purchased a new position in Fidelity Enhanced Large Cap Value ETF in the second quarter valued at approximately $1,039,000. 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 buying an additional 20,470 shares during the period. JFS Wealth Advisors LLC lifted its position in Fidelity Enhanced Large Cap Value ETF by 238.6% during the second quarter. JFS Wealth Advisors LLC now owns 24,024 shares of the company’s stock valued at $963,000 after buying an additional 16,928 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in Fidelity Enhanced Large Cap Value ETF by 5.9% during the first 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 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.