Fidelity Hedged Equity ETF $FHEQ Stock Acquired by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC raised its stake in Fidelity Hedged Equity ETF (BATS:FHEQ) by 17.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 177,756 shares of the company’s stock after buying an additional 26,978 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Fidelity Hedged Equity ETF were worth $5,983,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in FHEQ. NewEdge Advisors LLC acquired a new position in Fidelity Hedged Equity ETF in the 2nd quarter valued at approximately $33,000. Integrated Wealth Concepts LLC acquired a new position in shares of Fidelity Hedged Equity ETF during the second quarter worth $37,000. Richards Merrill & Peterson Inc. bought a new stake in shares of Fidelity Hedged Equity ETF in the third quarter worth $263,000. Breakwater Capital Group grew its stake in shares of Fidelity Hedged Equity ETF by 20.1% in the third quarter. Breakwater Capital Group now owns 9,877 shares of the company’s stock worth $332,000 after purchasing an additional 1,651 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. bought a new stake in shares of Fidelity Hedged Equity ETF in the third quarter worth $337,000.

Fidelity Hedged Equity ETF Price Performance

Shares of FHEQ opened at $33.68 on Wednesday. The business has a 50-day moving average of $33.94 and a 200-day moving average of $33.13. The company has a market capitalization of $602.87 million, a price-to-earnings ratio of 23.95 and a beta of 0.87. Fidelity Hedged Equity ETF has a 1 year low of $28.84 and a 1 year high of $34.60.

Fidelity Hedged Equity ETF Company Profile

The Fidelity Hedged Equity ETF (FHEQ) is an exchange-traded fund that trades on the BATS exchange in the United States.