Envestnet Asset Management Inc. Lowers Stock Holdings in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV)

Envestnet Asset Management Inc. lowered its position in shares of Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) by 59.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,257 shares of the company’s stock after selling 38,005 shares during the period. Envestnet Asset Management Inc.’s holdings in Fidelity Enhanced Large Cap Value ETF were worth $800,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC raised its position in shares of Fidelity Enhanced Large Cap Value ETF by 6,270.0% in the fourth quarter. Farther Finance Advisors LLC now owns 4,459 shares of the company’s stock worth $136,000 after buying an additional 4,389 shares in the last quarter. Bestgate Wealth Advisors LLC purchased a new stake in shares of Fidelity Enhanced Large Cap Value ETF during the fourth quarter valued at approximately $331,000. LPL Financial LLC grew its holdings in Fidelity Enhanced Large Cap Value ETF by 32.2% in the 4th quarter. LPL Financial LLC now owns 339,924 shares of the company’s stock worth $10,357,000 after acquiring an additional 82,862 shares during the last quarter. CIBC Private Wealth Group LLC increased its position in shares of Fidelity Enhanced Large Cap Value ETF by 41.6% in the fourth quarter. CIBC Private Wealth Group LLC now owns 9,202 shares of the company’s stock valued at $282,000 after acquiring an additional 2,705 shares during the period. Finally, Allworth Financial LP raised its position in Fidelity Enhanced Large Cap Value ETF by 4,634.4% during the 4th quarter. Allworth Financial LP now owns 1,515 shares of the company’s stock valued at $48,000 after purchasing an additional 1,483 shares during the last quarter.

Fidelity Enhanced Large Cap Value ETF Stock Performance

Shares of FELV stock opened at $30.22 on Friday. The firm has a market cap of $2.19 billion, a P/E ratio of 18.18 and a beta of 0.67. The business’s 50 day moving average price is $29.94 and its 200-day moving average price is $31.00. Fidelity Enhanced Large Cap Value ETF has a fifty-two week low of $26.48 and a fifty-two week high of $32.93.

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.