Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Sees Significant Decrease in Short Interest

Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 42,806 shares, a decline of 41.4% from the December 15th total of 73,042 shares. Based on an average daily volume of 137,268 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 137,268 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of Fidelity Enhanced Large Cap Value ETF

A number of institutional investors have recently added to or reduced their stakes in FELV. Commonwealth Equity Services LLC boosted its holdings in shares of Fidelity Enhanced Large Cap Value ETF by 4.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,804,538 shares of the company’s stock worth $60,506,000 after buying an additional 76,667 shares during the period. Independence Financial Advisors LLC grew its position in shares of Fidelity Enhanced Large Cap Value ETF by 2,794.7% in the second quarter. Independence Financial Advisors LLC now owns 873,531 shares of the company’s stock valued at $27,752,000 after purchasing an additional 843,354 shares during the last quarter. Sowa Financial Group Inc. increased its stake in shares of Fidelity Enhanced Large Cap Value ETF by 12.5% in the second quarter. Sowa Financial Group Inc. now owns 609,518 shares of the company’s stock worth $19,364,000 after purchasing an additional 67,863 shares during the period. Valeo Financial Advisors LLC acquired a new position in shares of Fidelity Enhanced Large Cap Value ETF during the 2nd quarter worth about $207,000. Finally, Ameritas Advisory Services LLC bought a new stake in Fidelity Enhanced Large Cap Value ETF during the 2nd quarter valued at approximately $141,000.

Fidelity Enhanced Large Cap Value ETF Stock Up 0.5%

Shares of NYSEARCA:FELV traded up $0.19 during trading on Thursday, reaching $35.82. 206,278 shares of the company traded hands, compared to its average volume of 178,285. The firm has a fifty day simple moving average of $34.52 and a 200 day simple moving average of $33.43. Fidelity Enhanced Large Cap Value ETF has a 1-year low of $26.48 and a 1-year high of $35.85. The firm has a market cap of $2.63 billion, a P/E ratio of 18.67 and a beta of 0.86.

Fidelity Enhanced Large Cap Value ETF Company 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.