Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV – Get Free Report) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 102,975 shares, an increase of 93.3% from the June 15th total of 53,285 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 175,504 shares, the days-to-cover ratio is currently 0.6 days.
Institutional Trading of Fidelity Enhanced Large Cap Value ETF
A number of hedge funds have recently bought and sold shares of the company. Holos Integrated Wealth LLC bought a new position in Fidelity Enhanced Large Cap Value ETF during the 4th quarter valued at approximately $31,000. Assetmark Inc. lifted its holdings in Fidelity Enhanced Large Cap Value ETF by 178.6% in the fourth quarter. Assetmark Inc. now owns 1,482 shares of the company’s stock worth $51,000 after buying an additional 950 shares during the period. SHP Wealth Management purchased a new stake in Fidelity Enhanced Large Cap Value ETF in the fourth quarter worth $53,000. CoreCap Advisors LLC increased its stake in shares of Fidelity Enhanced Large Cap Value ETF by 430.2% in the 4th quarter. CoreCap Advisors LLC now owns 2,301 shares of the company’s stock worth $80,000 after acquiring an additional 1,867 shares in the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of Fidelity Enhanced Large Cap Value ETF during the fourth quarter valued at approximately $98,000.
Fidelity Enhanced Large Cap Value ETF Price Performance
FELV stock traded up $0.22 during mid-day trading on Thursday, hitting $41.29. 279,693 shares of the stock were exchanged, compared to its average volume of 190,701. The business has a fifty day moving average price of $39.60 and a 200 day moving average price of $37.25. Fidelity Enhanced Large Cap Value ETF has a 12 month low of $31.26 and a 12 month high of $41.36. The stock has a market capitalization of $3.22 billion, a price-to-earnings ratio of 18.67 and a beta of 0.79.
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.
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