Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV – Get Free Report) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 102,975 shares, a growth of 93.3% from the June 15th total of 53,285 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 175,504 shares, the days-to-cover ratio is currently 0.6 days.
Institutional Trading of Fidelity Enhanced Large Cap Value ETF
Institutional investors and hedge funds have recently modified their holdings of the company. Holos Integrated Wealth LLC bought a new position in shares of Fidelity Enhanced Large Cap Value ETF during the 4th quarter worth approximately $31,000. Assetmark Inc. grew its position in Fidelity Enhanced Large Cap Value ETF by 178.6% in the fourth quarter. Assetmark Inc. now owns 1,482 shares of the company’s stock valued at $51,000 after acquiring an additional 950 shares during the period. SHP Wealth Management bought a new stake in Fidelity Enhanced Large Cap Value ETF in the fourth quarter valued at $53,000. CoreCap Advisors LLC raised its stake in Fidelity Enhanced Large Cap Value ETF by 430.2% during the fourth quarter. CoreCap Advisors LLC now owns 2,301 shares of the company’s stock worth $80,000 after acquiring an additional 1,867 shares in the last quarter. Finally, Flagship Harbor Advisors LLC acquired a new position in Fidelity Enhanced Large Cap Value ETF during the fourth quarter worth $98,000.
Fidelity Enhanced Large Cap Value ETF Trading Down 0.3%
Fidelity Enhanced Large Cap Value ETF stock traded down $0.14 during trading hours on Friday, reaching $41.15. 108,341 shares of the company were exchanged, compared to its average volume of 190,091. The firm has a market cap of $3.21 billion, a price-to-earnings ratio of 18.67 and a beta of 0.79. The stock has a 50-day moving average of $39.72 and a 200 day moving average of $37.32. Fidelity Enhanced Large Cap Value ETF has a 12 month low of $31.26 and a 12 month high of $41.48.
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.
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