Fidelity Fundamental Large Cap Value ETF (BATS:FFLV – Get Free Report) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 2,352 shares, an increase of 90.1% from the May 14th total of 1,237 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average daily volume of 3,579 shares, the short-interest ratio is presently 0.7 days.
Institutional Trading of Fidelity Fundamental Large Cap Value ETF
Several hedge funds have recently added to or reduced their stakes in FFLV. Osaic Holdings Inc. lifted its holdings in Fidelity Fundamental Large Cap Value ETF by 208.3% during the 2nd quarter. Osaic Holdings Inc. now owns 2,775 shares of the company’s stock worth $61,000 after purchasing an additional 1,875 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in Fidelity Fundamental Large Cap Value ETF in the 4th quarter valued at $65,000. Finally, Citadel Advisors LLC raised its holdings in Fidelity Fundamental Large Cap Value ETF by 144.3% in the 3rd quarter. Citadel Advisors LLC now owns 31,151 shares of the company’s stock valued at $721,000 after acquiring an additional 18,400 shares in the last quarter.
Fidelity Fundamental Large Cap Value ETF Stock Performance
BATS:FFLV opened at $27.48 on Monday. The stock has a market cap of $13.05 million, a P/E ratio of 16.54 and a beta of 0.60. The stock has a 50 day simple moving average of $26.49 and a 200 day simple moving average of $25.58. Fidelity Fundamental Large Cap Value ETF has a 1-year low of $21.48 and a 1-year high of $27.48.
About Fidelity Fundamental Large Cap Value ETF
The Fidelity Fundamental Large Cap Value ETF (FFLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that provides exposure to large-cap value stocks from around the world. The fund selects equity securities based on fundamental research and analysis. FFLV was launched on Feb 22, 2024 and is issued by Fidelity.
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