Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Shares Shorted: Short Interest Down 91.4% in September

Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 64,574 shares, a decrease of 91.4% from the September 15th total of 754,499 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 382,316 shares, the short-interest ratio is presently 0.2 days.

Fidelity Enhanced Large Cap Value ETF Stock Up 0.6%

Shares of Fidelity Enhanced Large Cap Value ETF stock traded up $0.25 during trading on Friday, reaching $42.31. 404,254 shares of the stock were exchanged, compared to its average volume of 207,807. The firm has a market cap of $3.49 billion, a price-to-earnings ratio of 18.67 and a beta of 0.78. Fidelity Enhanced Large Cap Value ETF has a 1 year low of $32.73 and a 1 year high of $43.26. The stock’s fifty day moving average is $42.44 and its 200 day moving average is $39.99.

Institutional Investors Weigh In On Fidelity Enhanced Large Cap Value ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Breakwater Capital Group increased its stake in shares of Fidelity Enhanced Large Cap Value ETF by 36.9% during the third quarter. Breakwater Capital Group now owns 7,475 shares of the company’s stock valued at $309,000 after buying an additional 2,016 shares during the period. Independence Financial Advisors LLC increased its position in Fidelity Enhanced Large Cap Value ETF by 4.3% during the 3rd quarter. Independence Financial Advisors LLC now owns 700,113 shares of the company’s stock valued at $28,964,000 after purchasing an additional 29,003 shares during the period. CoreCap Advisors LLC raised its holdings in Fidelity Enhanced Large Cap Value ETF by 100.5% in the 3rd quarter. CoreCap Advisors LLC now owns 9,183 shares of the company’s stock worth $380,000 after purchasing an additional 4,602 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Fidelity Enhanced Large Cap Value ETF by 28.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 93,705 shares of the company’s stock worth $3,757,000 after purchasing an additional 20,470 shares during the period. Finally, Sequoia Financial Advisors LLC bought a new stake in shares of Fidelity Enhanced Large Cap Value ETF during the 2nd quarter valued at about $226,000.

About Fidelity Enhanced Large Cap Value ETF

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.