Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Sets New 12-Month High – Should You Buy?

Shares of Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) hit a new 52-week high on Wednesday . The stock traded as high as $41.07 and last traded at $40.84, with a volume of 398929 shares traded. The stock had previously closed at $40.75.

Fidelity Enhanced Large Cap Value ETF Stock Up 0.2%

The business has a 50 day simple moving average of $39.22 and a 200 day simple moving average of $36.99. The company has a market capitalization of $3.26 billion, a PE ratio of 18.67 and a beta of 0.79.

Institutional Trading of Fidelity Enhanced Large Cap Value ETF

Institutional investors have recently bought and sold shares of the stock. Holos Integrated Wealth LLC acquired a new position in Fidelity Enhanced Large Cap Value ETF during the 4th quarter valued at approximately $31,000. Assetmark Inc. lifted its stake in shares of Fidelity Enhanced Large Cap Value ETF by 178.6% during the fourth quarter. Assetmark Inc. now owns 1,482 shares of the company’s stock worth $51,000 after buying an additional 950 shares during the period. SHP Wealth Management purchased a new stake in shares of Fidelity Enhanced Large Cap Value ETF during the fourth quarter valued at $53,000. CoreCap Advisors LLC increased its position in shares of Fidelity Enhanced Large Cap Value ETF by 430.2% in the 4th quarter. CoreCap Advisors LLC now owns 2,301 shares of the company’s stock valued at $80,000 after acquiring an additional 1,867 shares during the period. Finally, Flagship Harbor Advisors LLC acquired a new position in shares of Fidelity Enhanced Large Cap Value ETF in the 4th quarter valued at $98,000.

Fidelity Enhanced Large Cap Value ETF Company 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.