Envestnet Asset Management Inc. Has $26.77 Million Stake in Fidelity Enhanced Large Cap Value ETF $FELV

Envestnet Asset Management Inc. raised its position in shares of Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) by 25.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 842,672 shares of the company’s stock after buying an additional 173,460 shares during the period. Envestnet Asset Management Inc. owned about 1.16% of Fidelity Enhanced Large Cap Value ETF worth $26,772,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in FELV. Bogart Wealth LLC acquired a new stake in shares of Fidelity Enhanced Large Cap Value ETF in the 2nd quarter valued at $66,000. Farther Finance Advisors LLC grew its holdings in Fidelity Enhanced Large Cap Value ETF by 3,650.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 2,625 shares of the company’s stock worth $83,000 after acquiring an additional 2,555 shares during the period. Ameritas Advisory Services LLC acquired a new stake in Fidelity Enhanced Large Cap Value ETF during the 2nd quarter worth $141,000. Valeo Financial Advisors LLC acquired a new stake in Fidelity Enhanced Large Cap Value ETF during the 2nd quarter worth $207,000. Finally, FMA Wealth Management LLC acquired a new stake in Fidelity Enhanced Large Cap Value ETF during the 2nd quarter worth $226,000.

Fidelity Enhanced Large Cap Value ETF Stock Performance

FELV opened at $33.71 on Tuesday. The company has a fifty day moving average price of $33.40 and a two-hundred day moving average price of $32.01. Fidelity Enhanced Large Cap Value ETF has a 52 week low of $26.48 and a 52 week high of $34.13. The firm has a market capitalization of $2.45 billion, a PE ratio of 18.67 and a beta of 0.86.

About Fidelity Enhanced Large Cap Value ETF

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.