Stratos Wealth Partners LTD. Sells 57,310 Shares of Fidelity Enhanced Large Cap Value ETF $FELV

Stratos Wealth Partners LTD. lowered its position in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) by 40.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 84,017 shares of the company’s stock after selling 57,310 shares during the period. Stratos Wealth Partners LTD. owned about 0.11% of Fidelity Enhanced Large Cap Value ETF worth $2,912,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Mercer Global Advisors Inc. ADV boosted its stake in Fidelity Enhanced Large Cap Value ETF by 3.4% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 16,177 shares of the company’s stock worth $542,000 after purchasing an additional 538 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in Fidelity Enhanced Large Cap Value ETF by 6.7% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 11,306 shares of the company’s stock worth $379,000 after buying an additional 711 shares in the last quarter. Founders Financial Alliance LLC bought a new stake in Fidelity Enhanced Large Cap Value ETF during the 3rd quarter worth about $25,000. Holos Integrated Wealth LLC bought a new stake in shares of Fidelity Enhanced Large Cap Value ETF in the 4th quarter valued at about $31,000. Finally, Truist Financial Corp raised its holdings in shares of Fidelity Enhanced Large Cap Value ETF by 12.3% in the 3rd quarter. Truist Financial Corp now owns 8,154 shares of the company’s stock valued at $273,000 after purchasing an additional 892 shares during the period.

Fidelity Enhanced Large Cap Value ETF Stock Performance

Shares of FELV stock opened at $35.29 on Tuesday. The stock has a market cap of $2.68 billion, a price-to-earnings ratio of 18.67 and a beta of 0.86. Fidelity Enhanced Large Cap Value ETF has a 52-week low of $26.48 and a 52-week high of $36.95. The firm’s 50-day moving average is $35.83 and its 200-day moving average is $34.81.

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.