Leo Wealth LLC acquired a new position in shares of Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV – Free Report) in the second quarter, Holdings Channel reports. The firm acquired 8,084 shares of the company’s stock, valued at approximately $257,000.
Several other hedge funds also recently added to or reduced their stakes in FELV. Envestnet Asset Management Inc. increased its position in Fidelity Enhanced Large Cap Value ETF by 2,448.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 669,212 shares of the company’s stock valued at $20,572,000 after buying an additional 642,955 shares in the last quarter. Commonwealth Equity Services LLC increased its position in Fidelity Enhanced Large Cap Value ETF by 21.3% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,406,520 shares of the company’s stock valued at $43,236,000 after buying an additional 246,664 shares in the last quarter. Stratos Wealth Partners LTD. increased its position in Fidelity Enhanced Large Cap Value ETF by 85.0% during the 1st quarter. Stratos Wealth Partners LTD. now owns 290,588 shares of the company’s stock valued at $8,933,000 after buying an additional 133,488 shares in the last quarter. LPL Financial LLC increased its position in Fidelity Enhanced Large Cap Value ETF by 30.0% during the 1st quarter. LPL Financial LLC now owns 441,984 shares of the company’s stock valued at $13,587,000 after buying an additional 102,060 shares in the last quarter. Finally, Royal Bank of Canada increased its position in Fidelity Enhanced Large Cap Value ETF by 113.0% during the 1st quarter. Royal Bank of Canada now owns 147,474 shares of the company’s stock valued at $4,533,000 after buying an additional 78,251 shares in the last quarter.
Fidelity Enhanced Large Cap Value ETF Price Performance
Shares of NYSEARCA:FELV opened at $32.73 on Friday. The business’s 50-day moving average is $33.00 and its 200 day moving average is $31.48. Fidelity Enhanced Large Cap Value ETF has a 1 year low of $26.48 and a 1 year high of $33.85. The firm has a market capitalization of $2.38 billion, a P/E ratio of 18.67 and a beta of 0.67.
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.
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