Fmr LLC Buys 7,542,064 Shares of Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV)

Fmr LLC grew its stake in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) by 188.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,535,300 shares of the company’s stock after purchasing an additional 7,542,064 shares during the period. Fmr LLC owned approximately 18.09% of Fidelity Enhanced Large Cap Value ETF worth $351,481,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Kovitz Investment Group Partners LLC bought a new position in Fidelity Enhanced Large Cap Value ETF during the 3rd quarter valued at about $328,000. Sunbelt Securities Inc. grew its holdings in shares of Fidelity Enhanced Large Cap Value ETF by 93.0% in the third quarter. Sunbelt Securities Inc. now owns 49,557 shares of the company’s stock worth $1,534,000 after purchasing an additional 23,879 shares during the last quarter. Peapack Gladstone Financial Corp grew its stake in Fidelity Enhanced Large Cap Value ETF by 28.5% in the 3rd quarter. Peapack Gladstone Financial Corp now owns 23,103 shares of the company’s stock worth $715,000 after acquiring an additional 5,127 shares in the last quarter. PSI Advisors LLC purchased a new position in shares of Fidelity Enhanced Large Cap Value ETF during the fourth quarter worth approximately $69,000. Finally, Sowa Financial Group Inc. raised its stake in shares of Fidelity Enhanced Large Cap Value ETF by 39.1% during the fourth quarter. Sowa Financial Group Inc. now owns 520,067 shares of the company’s stock valued at $15,846,000 after acquiring an additional 146,263 shares in the last quarter.

Fidelity Enhanced Large Cap Value ETF Stock Down 3.6 %

Shares of NYSEARCA:FELV opened at $28.34 on Friday. The business’s 50 day moving average is $30.77 and its 200 day moving average is $31.19. The stock has a market cap of $2.01 billion, a P/E ratio of 17.47 and a beta of 0.67. Fidelity Enhanced Large Cap Value ETF has a 52-week low of $26.48 and a 52-week high of $32.93.

Fidelity Enhanced Large Cap Value ETF 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.