Fidelity Yield Enhanced Equity ETF (NYSEARCA:FYEE – Get Free Report) shares were up 0% during mid-day trading on Wednesday . The stock traded as high as $29.21 and last traded at $29.15. Approximately 74,222 shares changed hands during mid-day trading, an increase of 17% from the average daily volume of 63,690 shares. The stock had previously closed at $29.14.
Fidelity Yield Enhanced Equity ETF Trading Up 0.0%
The firm has a market capitalization of $137.01 million, a P/E ratio of 24.14 and a beta of 0.77. The business’s fifty day moving average is $28.83 and its 200 day moving average is $28.06.
Institutional Investors Weigh In On Fidelity Yield Enhanced Equity ETF
A number of institutional investors and hedge funds have recently modified their holdings of FYEE. Roxbury Financial LLC boosted its stake in shares of Fidelity Yield Enhanced Equity ETF by 225.2% during the 4th quarter. Roxbury Financial LLC now owns 1,626 shares of the company’s stock worth $47,000 after acquiring an additional 1,126 shares in the last quarter. Parsons Capital Management Inc. RI purchased a new stake in shares of Fidelity Yield Enhanced Equity ETF during the fourth quarter valued at $282,000. JPMorgan Chase & Co. purchased a new stake in shares of Fidelity Yield Enhanced Equity ETF during the third quarter valued at $362,000. Global Trust Asset Management LLC acquired a new position in shares of Fidelity Yield Enhanced Equity ETF in the 4th quarter valued at $365,000. Finally, Summit Wealth Partners LLC purchased a new position in Fidelity Yield Enhanced Equity ETF in the 4th quarter worth about $399,000.
About Fidelity Yield Enhanced Equity ETF
Fidelity Yield Enhanced Equity ETF (NYSEARCA: FYEE) is an exchange-traded fund managed by Fidelity Investments and listed on the NYSE Arca. The fund is positioned to provide investors with equity market exposure combined with an income-oriented objective, making it a potential choice for investors seeking yield from an equity allocation within a diversified portfolio.
The ETF builds a portfolio of stocks and employs income-focused strategies designed to enhance distributions to shareholders.
See Also
- Five stocks we like better than Fidelity Yield Enhanced Equity ETF
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Do not delete, read immediately
- NEW LAW: Congress Approves Setup For Digital Dollar?
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- A U.S. “birthright” claim worth trillions – activated quietly
Receive News & Ratings for Fidelity Yield Enhanced Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Yield Enhanced Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
