LPL Financial LLC Raises Stake in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV)

LPL Financial LLC grew its stake in shares of Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) by 30.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 441,984 shares of the company’s stock after purchasing an additional 102,060 shares during the quarter. LPL Financial LLC owned approximately 0.61% of Fidelity Enhanced Large Cap Value ETF worth $13,587,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in FELV. FMR LLC boosted its stake in shares of 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 valued at $351,481,000 after purchasing an additional 7,542,064 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Fidelity Enhanced Large Cap Value ETF by 2,448.7% during the first quarter. Envestnet Asset Management Inc. now owns 669,212 shares of the company’s stock valued at $20,572,000 after purchasing an additional 642,955 shares during the period. Stratos Wealth Partners LTD. raised its holdings in shares of Fidelity Enhanced Large Cap Value ETF by 85.0% in the first quarter. Stratos Wealth Partners LTD. now owns 290,588 shares of the company’s stock valued at $8,933,000 after acquiring an additional 133,488 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Fidelity Enhanced Large Cap Value ETF in the fourth quarter valued at about $1,834,000. Finally, Ball & Co Wealth Management Inc. bought a new stake in shares of Fidelity Enhanced Large Cap Value ETF in the fourth quarter valued at about $760,000.

Fidelity Enhanced Large Cap Value ETF Price Performance

FELV stock opened at $31.85 on Thursday. The business has a 50-day moving average price of $31.61 and a 200 day moving average price of $30.94. The company has a market capitalization of $2.32 billion, a P/E ratio of 18.67 and a beta of 0.67. Fidelity Enhanced Large Cap Value ETF has a 1-year low of $26.48 and a 1-year 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.