Wealth Effects LLC Acquires New Position in Fidelity Yield Enhanced Equity ETF $FYEE

Wealth Effects LLC acquired a new stake in Fidelity Yield Enhanced Equity ETF (BATS:FYEE) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 37,980 shares of the company’s stock, valued at approximately $1,089,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Roxbury Financial LLC lifted its position in Fidelity Yield Enhanced Equity ETF by 225.2% in the fourth quarter. Roxbury Financial LLC now owns 1,626 shares of the company’s stock valued at $47,000 after purchasing an additional 1,126 shares during the period. Parsons Capital Management Inc. RI acquired a new stake in Fidelity Yield Enhanced Equity ETF in the fourth quarter valued at about $282,000. JPMorgan Chase & Co. acquired a new stake in Fidelity Yield Enhanced Equity ETF in the third quarter valued at about $362,000. Global Trust Asset Management LLC acquired a new stake in Fidelity Yield Enhanced Equity ETF in the fourth quarter valued at about $365,000. Finally, Silver Oak Securities Incorporated lifted its position in Fidelity Yield Enhanced Equity ETF by 52.2% in the fourth quarter. Silver Oak Securities Incorporated now owns 13,973 shares of the company’s stock valued at $403,000 after purchasing an additional 4,790 shares during the period.

Fidelity Yield Enhanced Equity ETF Trading Up 0.5%

FYEE stock opened at $28.47 on Thursday. The firm has a 50 day moving average of $28.29 and a 200-day moving average of $28.49. Fidelity Yield Enhanced Equity ETF has a 12-month low of $23.10 and a 12-month high of $29.40. The company has a market cap of $14.24 million, a price-to-earnings ratio of 24.14 and a beta of 1.00.

Fidelity Yield Enhanced Equity ETF Company Profile

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