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

Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $36.51 and last traded at $36.30, with a volume of 125700 shares traded. The stock had previously closed at $36.31.

Fidelity Enhanced Large Cap Value ETF Price Performance

The firm has a market cap of $2.68 billion, a P/E ratio of 18.67 and a beta of 0.86. The stock’s 50 day moving average is $35.15 and its two-hundred day moving average is $33.83.

Hedge Funds Weigh In On Fidelity Enhanced Large Cap Value ETF

A number of hedge funds have recently modified their holdings of the stock. Founders Financial Alliance LLC acquired a new stake in Fidelity Enhanced Large Cap Value ETF in the 3rd quarter valued at $25,000. Holos Integrated Wealth LLC acquired a new position in Fidelity Enhanced Large Cap Value ETF during the fourth quarter worth $31,000. Assetmark Inc. lifted its holdings in shares of Fidelity Enhanced Large Cap Value ETF by 178.6% during the fourth quarter. Assetmark Inc. now owns 1,482 shares of the company’s stock valued at $51,000 after acquiring an additional 950 shares during the period. Bogart Wealth LLC acquired a new stake in shares of Fidelity Enhanced Large Cap Value ETF in the 2nd quarter valued at $66,000. Finally, CoreCap Advisors LLC boosted 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 valued at $80,000 after purchasing an additional 1,867 shares in the last quarter.

About Fidelity Enhanced Large Cap Value ETF

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.