Fidelity Yield Enhanced Equity ETF (BATS:FYEE) Stock Price Down 1.2% – Time to Sell?

Fidelity Yield Enhanced Equity ETF (BATS:FYEE)’s stock price was down 1.2% during trading on Thursday . The stock traded as low as $28.38 and last traded at $28.40. Approximately 50,639 shares changed hands during mid-day trading, a decline of 14% from the average daily volume of 59,145 shares. The stock had previously closed at $28.74.

Fidelity Yield Enhanced Equity ETF Stock Performance

The stock has a 50 day simple moving average of $28.91 and a two-hundred day simple moving average of $28.50. The firm has a market cap of $14.20 million, a PE ratio of 24.14 and a beta of 1.00.

Institutional Trading of Fidelity Yield Enhanced Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Sunbelt Securities Inc. lifted its holdings in Fidelity Yield Enhanced Equity ETF by 696.9% in the fourth quarter. Sunbelt Securities Inc. now owns 2,287 shares of the company’s stock valued at $66,000 after acquiring an additional 2,000 shares during the period. NewEdge Advisors LLC grew its stake in shares of Fidelity Yield Enhanced Equity ETF by 31.1% during the 4th quarter. NewEdge Advisors LLC now owns 74,570 shares of the company’s stock worth $2,139,000 after purchasing an additional 17,698 shares during the period. Cetera Investment Advisers acquired a new stake in shares of Fidelity Yield Enhanced Equity ETF during the 4th quarter worth approximately $2,784,000. Royal Bank of Canada purchased a new position in shares of Fidelity Yield Enhanced Equity ETF during the 4th quarter valued at approximately $147,000. Finally, Aptus Capital Advisors LLC purchased a new position in shares of Fidelity Yield Enhanced Equity ETF during the 4th quarter valued at approximately $1,994,000.

Fidelity Yield Enhanced Equity ETF Company Profile

The Fidelity Yield Enhanced Equity ETF (FYEE) is an exchange-traded fund that trades on the BATS exchange in the United States.