NewEdge Advisors LLC cut its holdings in shares of Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV – Free Report) by 69.2% during the first quarter, Holdings Channel.com reports. The institutional investor owned 14,225 shares of the company’s stock after selling 31,976 shares during the period. NewEdge Advisors LLC’s holdings in Fidelity Enhanced Large Cap Value ETF were worth $497,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of the stock. Pathfinder Wealth Consulting Inc. acquired a new stake in Fidelity Enhanced Large Cap Value ETF in the fourth quarter valued at approximately $3,841,000. Evansbrook LLC purchased a new stake in Fidelity Enhanced Large Cap Value ETF in the fourth quarter valued at $504,000. Alchemi Wealth LLC purchased a new stake in shares of Fidelity Enhanced Large Cap Value ETF in the 4th quarter valued at about $580,000. Summit Wealth Group LLC Co. acquired a new stake in shares of Fidelity Enhanced Large Cap Value ETF in the fourth quarter valued at approximately $1,087,000. Finally, Cetera Investment Advisers grew its position in Fidelity Enhanced Large Cap Value ETF by 5.9% during the 1st quarter. Cetera Investment Advisers now owns 246,013 shares of the company’s stock worth $8,588,000 after purchasing an additional 13,686 shares during the last quarter.
Fidelity Enhanced Large Cap Value ETF Stock Up 0.9%
NYSEARCA FELV opened at $42.35 on Tuesday. The business’s 50-day moving average price is $40.37 and its 200 day moving average price is $37.82. Fidelity Enhanced Large Cap Value ETF has a 52-week low of $31.54 and a 52-week high of $42.42. The firm has a market cap of $3.31 billion, a P/E 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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Want to see what other hedge funds are holding FELV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV – Free Report).
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