Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its position in shares of Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) by 2,448.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 669,212 shares of the company’s stock after buying an additional 642,955 shares during the period. Envestnet Asset Management Inc. owned 0.94% of Fidelity Enhanced Large Cap Value ETF worth $20,572,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. FMR LLC increased its position in Fidelity Enhanced Large Cap Value ETF by 188.9% during the fourth quarter. FMR LLC now owns 11,535,300 shares of the company’s stock worth $351,481,000 after buying an additional 7,542,064 shares during the period. Sowa Financial Group Inc. increased its position in Fidelity Enhanced Large Cap Value ETF by 4.2% during the first quarter. Sowa Financial Group Inc. now owns 541,655 shares of the company’s stock worth $16,650,000 after buying an additional 21,588 shares during the period. LPL Financial LLC increased its position in Fidelity Enhanced Large Cap Value ETF by 32.2% during the fourth quarter. LPL Financial LLC now owns 339,924 shares of the company’s stock worth $10,357,000 after buying an additional 82,862 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in Fidelity Enhanced Large Cap Value ETF by 15.4% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 100,874 shares of the company’s stock worth $3,101,000 after buying an additional 13,481 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in Fidelity Enhanced Large Cap Value ETF during the fourth quarter worth approximately $1,834,000.

Fidelity Enhanced Large Cap Value ETF Trading Up 0.4%

NYSEARCA:FELV opened at $31.74 on Thursday. The firm has a market cap of $2.31 billion, a P/E ratio of 18.67 and a beta of 0.67. The stock’s 50 day simple moving average is $31.22 and its 200-day simple moving average is $30.81. Fidelity Enhanced Large Cap Value ETF has a 12-month low of $26.48 and a 12-month high of $32.93.

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.