Commonwealth Equity Services LLC Raises Stock Holdings in Fidelity Enhanced Large Cap Value ETF $FELV

Commonwealth Equity Services LLC grew its holdings in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) by 4.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,804,538 shares of the company’s stock after buying an additional 76,667 shares during the quarter. Commonwealth Equity Services LLC owned 2.48% of Fidelity Enhanced Large Cap Value ETF worth $60,506,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Independence Financial Advisors LLC increased its holdings in Fidelity Enhanced Large Cap Value ETF by 2,794.7% in the 2nd quarter. Independence Financial Advisors LLC now owns 873,531 shares of the company’s stock worth $27,752,000 after acquiring an additional 843,354 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of Fidelity Enhanced Large Cap Value ETF by 25.9% in the second quarter. Envestnet Asset Management Inc. now owns 842,672 shares of the company’s stock valued at $26,772,000 after purchasing an additional 173,460 shares during the period. Sowa Financial Group Inc. increased its stake in shares of Fidelity Enhanced Large Cap Value ETF by 2.8% during the third quarter. Sowa Financial Group Inc. now owns 626,311 shares of the company’s stock worth $21,000,000 after purchasing an additional 16,793 shares in the last quarter. Weil Company Inc. purchased a new position in Fidelity Enhanced Large Cap Value ETF in the 2nd quarter valued at about $8,054,000. Finally, Advisory Resource Group raised its holdings in shares of Fidelity Enhanced Large Cap Value ETF by 8.0% during the second quarter. Advisory Resource Group now owns 158,996 shares of the company’s stock valued at $5,051,000 after acquiring an additional 11,774 shares during the last quarter.

Fidelity Enhanced Large Cap Value ETF Stock Performance

Shares of FELV stock opened at $35.60 on Wednesday. Fidelity Enhanced Large Cap Value ETF has a fifty-two week low of $26.48 and a fifty-two week high of $35.64. The firm has a market capitalization of $2.61 billion, a P/E ratio of 18.67 and a beta of 0.86. The stock’s fifty day moving average is $34.29 and its two-hundred day moving average is $33.27.

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.