Fidelity Yield Enhanced Equity ETF (BATS:FYEE) Stock Falls 0.9% – Time to Sell?

Fidelity Yield Enhanced Equity ETF (BATS:FYEE – Get Free Report)’s stock price dropped 0.9% during mid-day trading on Friday. The company traded as low as $29.68 and last traded at $29.76. Approximately 108,803 shares traded hands during trading, an increase of 30% from the average session volume of 83,392 shares. The stock had previously closed at $30.03.

Fidelity Yield Enhanced Equity ETF Stock Down 0.9%

The firm’s fifty day moving average price is $30.08 and its two-hundred day moving average price is $29.36. The stock has a market capitalization of $14.88 million, a PE ratio of 24.14 and a beta of 1.00.

Institutional Investors Weigh In On Fidelity Yield Enhanced Equity ETF

A number of hedge funds have recently modified their holdings of FYEE. NFSG Corp raised its holdings in Fidelity Yield Enhanced Equity ETF by 12.8% during the third quarter. NFSG Corp now owns 26,719 shares of the company’s stock valued at $793,000 after acquiring an additional 3,039 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of Fidelity Yield Enhanced Equity ETF by 1,824.7% in the third quarter. Farther Finance Advisors LLC now owns 9,662 shares of the company’s stock worth $287,000 after buying an additional 9,160 shares in the last quarter. RFG Advisory LLC bought a new position in shares of Fidelity Yield Enhanced Equity ETF during the second quarter worth $215,000. IFP Advisors Inc grew its stake in Fidelity Yield Enhanced Equity ETF by 165.9% during the second quarter. IFP Advisors Inc now owns 4,521 shares of the company’s stock valued at $131,000 after acquiring an additional 2,821 shares in the last quarter. Finally, Kraematon Investment Advisors Inc. lifted its stake in Fidelity Yield Enhanced Equity ETF by 2.7% in the 2nd quarter. Kraematon Investment Advisors Inc. now owns 36,143 shares of the company’s stock worth $1,044,000 after purchasing an additional 963 shares in the last quarter.

About Fidelity Yield Enhanced Equity ETF

(Get Free Report)

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

Further Reading

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