Investment Advisory Group LLC Boosts Holdings in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV)

Investment Advisory Group LLC grew its stake in shares of Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) by 37.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,968 shares of the company’s stock after purchasing an additional 9,984 shares during the period. Investment Advisory Group LLC owned approximately 0.06% of Fidelity Enhanced Large Cap Value ETF worth $1,126,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC lifted its position in Fidelity Enhanced Large Cap Value ETF by 6.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 9,438 shares of the company’s stock valued at $292,000 after buying an additional 552 shares during the period. Harbour Investments Inc. grew its position in shares of Fidelity Enhanced Large Cap Value ETF by 9.0% in the 3rd quarter. Harbour Investments Inc. now owns 10,354 shares of the company’s stock worth $321,000 after buying an additional 855 shares during the period. J.W. Cole Advisors Inc. lifted its position in Fidelity Enhanced Large Cap Value ETF by 2.2% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 88,517 shares of the company’s stock valued at $2,740,000 after acquiring an additional 1,932 shares during the period. PSI Advisors LLC purchased a new position in Fidelity Enhanced Large Cap Value ETF during the 4th quarter valued at about $69,000. Finally, Peapack Gladstone Financial Corp boosted its stake in Fidelity Enhanced Large Cap Value ETF by 28.5% during the third quarter. Peapack Gladstone Financial Corp now owns 23,103 shares of the company’s stock worth $715,000 after acquiring an additional 5,127 shares in the last quarter.

Fidelity Enhanced Large Cap Value ETF Trading Up 1.4 %

NYSEARCA FELV opened at $31.85 on Wednesday. Fidelity Enhanced Large Cap Value ETF has a 12 month low of $26.78 and a 12 month high of $32.93. The stock’s fifty day moving average price is $31.46 and its 200-day moving average price is $30.68. The stock has a market cap of $2.03 billion, a P/E ratio of 17.36 and a beta of 0.67.

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.