Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Shares Sold by Peapack Gladstone Financial Corp

Peapack Gladstone Financial Corp cut its holdings in shares of Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) by 3.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 22,268 shares of the company’s stock after selling 835 shares during the period. Peapack Gladstone Financial Corp’s holdings in Fidelity Enhanced Large Cap Value ETF were worth $678,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FELV. Processus Wealth & Capital Management LLC increased its position in shares of Fidelity Enhanced Large Cap Value ETF by 0.8% during the fourth quarter. Processus Wealth & Capital Management LLC now owns 79,050 shares of the company’s stock worth $2,409,000 after acquiring an additional 649 shares during the period. Westside Investment Management Inc. purchased a new stake in Fidelity Enhanced Large Cap Value ETF during the 4th quarter worth about $25,000. Allworth Financial LP raised its position in Fidelity Enhanced Large Cap Value ETF by 4,634.4% in the 4th quarter. Allworth Financial LP now owns 1,515 shares of the company’s stock valued at $48,000 after purchasing an additional 1,483 shares in the last quarter. PSI Advisors LLC purchased a new position in shares of Fidelity Enhanced Large Cap Value ETF in the 4th quarter valued at about $69,000. Finally, CIBC Private Wealth Group LLC increased its stake in shares of Fidelity Enhanced Large Cap Value ETF by 41.6% during the fourth quarter. CIBC Private Wealth Group LLC now owns 9,202 shares of the company’s stock worth $282,000 after buying an additional 2,705 shares during the period.

Fidelity Enhanced Large Cap Value ETF Stock Down 1.5 %

Shares of Fidelity Enhanced Large Cap Value ETF stock opened at $27.30 on Wednesday. Fidelity Enhanced Large Cap Value ETF has a 52-week low of $26.70 and a 52-week high of $32.93. The company has a market capitalization of $1.94 billion, a P/E ratio of 18.65 and a beta of 0.67. The company has a 50 day moving average of $30.94 and a 200 day moving average of $31.23.

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.