Richardson Capital Management LLC Makes New Investment in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV)

Richardson Capital Management LLC bought a new stake in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,844 shares of the company’s stock, valued at approximately $117,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FELV. Sowa Financial Group Inc. grew its holdings in shares of Fidelity Enhanced Large Cap Value ETF by 39.1% in the fourth quarter. Sowa Financial Group Inc. now owns 520,067 shares of the company’s stock valued at $15,846,000 after acquiring an additional 146,263 shares in the last quarter. Stratos Wealth Partners LTD. bought a new stake in Fidelity Enhanced Large Cap Value ETF during the fourth quarter worth $4,787,000. Advisory Resource Group purchased a new position in Fidelity Enhanced Large Cap Value ETF in the fourth quarter worth $4,697,000. J.W. Cole Advisors Inc. boosted its position in Fidelity Enhanced Large Cap Value ETF by 6.9% in the fourth quarter. J.W. Cole Advisors Inc. now owns 94,631 shares of the company’s stock worth $2,883,000 after purchasing an additional 6,114 shares during the last quarter. Finally, Private Advisor Group LLC grew its stake in Fidelity Enhanced Large Cap Value ETF by 376.3% in the 4th quarter. Private Advisor Group LLC now owns 70,765 shares of the company’s stock valued at $2,156,000 after purchasing an additional 55,908 shares during the period.

Fidelity Enhanced Large Cap Value ETF Price Performance

Shares of Fidelity Enhanced Large Cap Value ETF stock opened at $31.50 on Friday. The stock has a fifty day moving average price of $31.28 and a 200-day moving average price of $31.11. The firm has a market cap of $2.01 billion, a PE ratio of 17.36 and a beta of 0.67. Fidelity Enhanced Large Cap Value ETF has a 1 year low of $27.56 and a 1 year high of $32.93.

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.