Independence Financial Advisors LLC Raises Stock Position in Fidelity Enhanced Large Cap Value ETF $FELV

Independence Financial Advisors LLC raised its stake in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) by 4.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 916,296 shares of the company’s stock after purchasing an additional 42,765 shares during the period. Fidelity Enhanced Large Cap Value ETF accounts for 9.4% of Independence Financial Advisors LLC’s holdings, making the stock its 2nd biggest holding. Independence Financial Advisors LLC’s holdings in Fidelity Enhanced Large Cap Value ETF were worth $30,723,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have 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 about $66,000. Farther Finance Advisors LLC boosted its holdings in Fidelity Enhanced Large Cap Value ETF by 3,650.0% in the second 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 in the last quarter. Ameritas Advisory Services LLC bought a new position in Fidelity Enhanced Large Cap Value ETF in the second quarter worth approximately $141,000. Valeo Financial Advisors LLC acquired a new stake in Fidelity Enhanced Large Cap Value ETF in the second quarter valued at approximately $207,000. Finally, Cerity Partners LLC bought a new stake in shares of Fidelity Enhanced Large Cap Value ETF during the second quarter valued at approximately $213,000.

Fidelity Enhanced Large Cap Value ETF Stock Up 0.5%

Shares of NYSEARCA:FELV opened at $35.69 on Friday. Fidelity Enhanced Large Cap Value ETF has a twelve month low of $26.48 and a twelve month high of $35.74. The stock’s 50 day moving average is $34.41 and its 200-day moving average is $33.35. The firm has a market capitalization of $2.62 billion, a price-to-earnings ratio of 18.67 and a beta of 0.86.

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.