Alchemi Wealth LLC Takes Position in Fidelity Enhanced Large Cap Value ETF $FELV

Alchemi Wealth LLC purchased a new stake in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 16,735 shares of the company’s stock, valued at approximately $580,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Independence Financial Advisors LLC raised its stake in Fidelity Enhanced Large Cap Value ETF by 3.6% in the fourth quarter. Independence Financial Advisors LLC now owns 949,124 shares of the company’s stock valued at $32,897,000 after buying an additional 32,828 shares in the last quarter. Summit Wealth Group LLC Co. acquired a new stake in Fidelity Enhanced Large Cap Value ETF in the fourth quarter valued at $1,087,000. Pathfinder Wealth Consulting Inc. acquired a new stake in Fidelity Enhanced Large Cap Value ETF in the fourth quarter valued at $3,841,000. Sowa Financial Group Inc. raised its stake in Fidelity Enhanced Large Cap Value ETF by 3.5% in the fourth quarter. Sowa Financial Group Inc. now owns 648,068 shares of the company’s stock valued at $22,462,000 after buying an additional 21,757 shares in the last quarter. Finally, Advisory Resource Group raised its stake in Fidelity Enhanced Large Cap Value ETF by 7.2% in the fourth quarter. Advisory Resource Group now owns 207,393 shares of the company’s stock valued at $7,188,000 after buying an additional 13,864 shares in the last quarter.

Fidelity Enhanced Large Cap Value ETF Price Performance

Fidelity Enhanced Large Cap Value ETF stock opened at $39.87 on Friday. Fidelity Enhanced Large Cap Value ETF has a 1-year low of $30.80 and a 1-year high of $40.00. The stock has a market cap of $3.06 billion, a PE ratio of 18.67 and a beta of 0.81. The stock’s fifty day moving average is $37.91 and its two-hundred day moving average is $36.29.

Fidelity Enhanced Large Cap Value ETF 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.