104,783 Shares of Fidelity Enhanced Large Cap Value ETF $FELV Acquired by Basso Capital Management L.P.

Basso Capital Management L.P. purchased a new stake in shares of Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 104,783 shares of the company’s stock, valued at approximately $4,335,000. Fidelity Enhanced Large Cap Value ETF accounts for about 0.9% of Basso Capital Management L.P.’s holdings, making the stock its 22nd biggest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FELV. Modera Wealth Management LLC purchased a new position in shares of Fidelity Enhanced Large Cap Value ETF during the third quarter valued at about $444,000. Latitude Advisors LLC bought a new position in shares of Fidelity Enhanced Large Cap Value ETF in the 3rd quarter worth approximately $72,000. Flagship Harbor Advisors LLC bought a new position in shares of Fidelity Enhanced Large Cap Value ETF in the 3rd quarter worth approximately $326,000. Geneva Partners LLC raised its holdings in Fidelity Enhanced Large Cap Value ETF by 31.1% in the third quarter. Geneva Partners LLC now owns 8,760 shares of the company’s stock worth $362,000 after purchasing an additional 2,076 shares in the last quarter. Finally, BG Investment Services LLC lifted its position in Fidelity Enhanced Large Cap Value ETF by 7.8% during the third quarter. BG Investment Services LLC now owns 22,934 shares of the company’s stock valued at $949,000 after buying an additional 1,664 shares during the period.

Fidelity Enhanced Large Cap Value ETF Trading Up 2.2%

Shares of Fidelity Enhanced Large Cap Value ETF stock opened at $43.94 on Thursday. Fidelity Enhanced Large Cap Value ETF has a 12 month low of $32.83 and a 12 month high of $44.01. The firm has a market capitalization of $3.73 billion, a P/E ratio of 19.73 and a beta of 0.75. The business has a fifty day simple moving average of $42.47 and a two-hundred day simple moving average of $39.40.

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.