Fidelity Yield Enhanced Equity ETF (BATS:FYEE) Trading Down 0.3% – Time to Sell?

Shares of Fidelity Yield Enhanced Equity ETF (BATS:FYEE) traded down 0.3% on Wednesday . The company traded as low as $30.11 and last traded at $30.18. 83,648 shares were traded during trading, an increase of 6% from the average daily volume of 79,002 shares. The stock had previously closed at $30.26.

Fidelity Yield Enhanced Equity ETF Trading Up 0.9%

The firm has a 50-day moving average of $29.79 and a 200-day moving average of $29.07. The stock has a market capitalization of $15.13 million, a price-to-earnings ratio of 24.14 and a beta of 1.00.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Sunbelt Securities Inc. grew 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 purchasing an additional 2,000 shares during the period. IFP Advisors Inc lifted its position in shares of Fidelity Yield Enhanced Equity ETF by 165.9% during the 2nd quarter. IFP Advisors Inc now owns 4,521 shares of the company’s stock valued at $131,000 after buying an additional 2,821 shares in the last quarter. 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. Kestra Advisory Services LLC acquired a new stake in Fidelity Yield Enhanced Equity ETF in the 4th quarter valued at $160,000. Finally, RFG Advisory LLC acquired a new stake in Fidelity Yield Enhanced Equity ETF in the 2nd quarter valued at $215,000.

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.