Fidelity Fundamental Large Cap Value ETF (BATS:FFLV – Get Free Report) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totaling 1,237 shares, an increase of 127.4% from the April 30th total of 544 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 3,527 shares, the days-to-cover ratio is currently 0.4 days.
Institutional Trading of Fidelity Fundamental Large Cap Value ETF
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Citadel Advisors LLC lifted its stake in Fidelity Fundamental Large Cap Value ETF by 144.3% in the third quarter. Citadel Advisors LLC now owns 31,151 shares of the company’s stock valued at $721,000 after buying an additional 18,400 shares during the period. Osaic Holdings Inc. increased its position in shares of Fidelity Fundamental Large Cap Value ETF by 208.3% during the 2nd quarter. Osaic Holdings Inc. now owns 2,775 shares of the company’s stock valued at $61,000 after purchasing an additional 1,875 shares during the last quarter. Finally, Kestra Advisory Services LLC purchased a new stake in shares of Fidelity Fundamental Large Cap Value ETF during the 4th quarter valued at $65,000.
Fidelity Fundamental Large Cap Value ETF Trading Down 0.4%
BATS:FFLV opened at $26.92 on Tuesday. The stock has a market cap of $12.79 million, a P/E ratio of 16.54 and a beta of 0.60. The stock’s 50-day moving average is $26.06 and its 200-day moving average is $25.34. Fidelity Fundamental Large Cap Value ETF has a 1-year low of $21.33 and a 1-year high of $27.17.
About Fidelity Fundamental Large Cap Value ETF
The Fidelity Fundamental Large Cap Value ETF (FFLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that provides exposure to large-cap value stocks from around the world. The fund selects equity securities based on fundamental research and analysis. FFLV was launched on Feb 22, 2024 and is issued by Fidelity.
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