Fidelity Yield Enhanced Equity ETF (BATS:FYEE) Shares Down 0.9% – Should You Sell?

Shares of Fidelity Yield Enhanced Equity ETF (BATS:FYEE – Get Free Report) dropped 0.9% during trading on Friday. The stock traded as low as $29.68 and last traded at $29.76. Approximately 108,803 shares changed hands during trading, an increase of 30% from the average session volume of 83,392 shares. The stock had previously closed at $30.03.

Fidelity Yield Enhanced Equity ETF Trading Down 0.9%

The stock has a market capitalization of $14.88 million, a PE ratio of 24.14 and a beta of 1.00. The firm’s 50-day moving average price is $30.08 and its 200-day moving average price is $29.36.

Hedge Funds Weigh In On Fidelity Yield Enhanced Equity ETF

A number of large investors have recently made changes to their positions in the company. Concurrent Investment Advisors LLC lifted its stake in Fidelity Yield Enhanced Equity ETF by 1.6% in the second quarter. Concurrent Investment Advisors LLC now owns 240,180 shares of the company’s stock worth $6,939,000 after purchasing an additional 3,898 shares during the last quarter. Sentinel Advisory Group LLC purchased a new position in Fidelity Yield Enhanced Equity ETF in the 1st quarter worth about $5,001,000. Bleakley Financial Group LLC lifted its holdings in Fidelity Yield Enhanced Equity ETF by 2.4% during the 1st quarter. Bleakley Financial Group LLC now owns 183,026 shares of the company’s stock valued at $4,965,000 after buying an additional 4,212 shares in the last quarter. Cetera Investment Advisers boosted its position in Fidelity Yield Enhanced Equity ETF by 73.4% in the 1st quarter. Cetera Investment Advisers now owns 168,283 shares of the company’s stock valued at $4,566,000 after buying an additional 71,209 shares during the period. Finally, Kestra Private Wealth Services LLC grew its stake in Fidelity Yield Enhanced Equity ETF by 261.6% in the 1st quarter. Kestra Private Wealth Services LLC now owns 137,079 shares of the company’s stock worth $3,719,000 after acquiring an additional 99,169 shares in the last quarter.

Fidelity Yield Enhanced Equity ETF Company Profile

(Get Free Report)

The Fidelity Yield Enhanced Equity ETF (FYEE) is an exchange-traded fund that trades on the BATS exchange in the United States.

Further Reading

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