Fidelity Enhanced Large Cap Value ETF $FELV Shares Sold by Kestra Advisory Services LLC

Kestra Advisory Services LLC lessened its stake in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) by 8.6% in the 3rd quarter, HoldingsChannel reports. The fund owned 254,215 shares of the company’s stock after selling 24,065 shares during the quarter. Kestra Advisory Services LLC’s holdings in Fidelity Enhanced Large Cap Value ETF were worth $10,517,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC acquired a new position in shares of Fidelity Enhanced Large Cap Value ETF during the third quarter worth approximately $116,009,000. Independence Financial Advisors LLC increased its holdings in shares of 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 valued at $28,964,000 after purchasing an additional 29,003 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of 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 valued at $8,588,000 after purchasing an additional 13,686 shares in the last quarter. Basso Capital Management L.P. bought a new position in Fidelity Enhanced Large Cap Value ETF in the 3rd quarter worth approximately $4,335,000. Finally, Envestnet Asset Management Inc. raised its position in Fidelity Enhanced Large Cap Value ETF by 28.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 93,705 shares of the company’s stock worth $3,757,000 after purchasing an additional 20,470 shares during the last quarter.

Fidelity Enhanced Large Cap Value ETF Stock Up 2.0%

Fidelity Enhanced Large Cap Value ETF stock opened at $43.47 on Tuesday. The business’s 50-day simple moving average is $42.47 and its 200 day simple moving average is $39.52. The stock has a market cap of $3.70 billion, a price-to-earnings ratio of 19.73 and a beta of 0.75. Fidelity Enhanced Large Cap Value ETF has a 12-month low of $32.83 and a 12-month high of $44.24.

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.