42,771 Shares in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Purchased by Essex Financial Services Inc.

Essex Financial Services Inc. purchased a new position in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 42,771 shares of the company’s stock, valued at approximately $1,148,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Larson Financial Group LLC acquired a new position in Fidelity Enhanced Large Cap Value ETF in the fourth quarter worth about $784,000. CRA Financial Services LLC acquired a new position in Fidelity Enhanced Large Cap Value ETF in the fourth quarter worth about $758,000. J.W. Cole Advisors Inc. acquired a new position in Fidelity Enhanced Large Cap Value ETF in the fourth quarter worth about $2,392,000. Key Financial Inc acquired a new position in Fidelity Enhanced Large Cap Value ETF in the fourth quarter worth about $76,000. Finally, Investment Advisory Group LLC acquired a new position in Fidelity Enhanced Large Cap Value ETF in the fourth quarter worth about $663,000.

Fidelity Enhanced Large Cap Value ETF Trading Down 0.3 %

NYSEARCA FELV opened at $27.86 on Thursday. The firm has a market capitalization of $1.78 billion, a price-to-earnings ratio of 17.79 and a beta of 0.63. The business’s 50 day moving average price is $28.35. Fidelity Enhanced Large Cap Value ETF has a 1-year low of $24.85 and a 1-year high of $29.27.

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.