Essex Financial Services Inc. Cuts Position in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV)

Essex Financial Services Inc. reduced its stake in shares of Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) by 1.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 47,491 shares of the company’s stock after selling 612 shares during the period. Essex Financial Services Inc. owned approximately 0.07% of Fidelity Enhanced Large Cap Value ETF worth $1,447,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Advisory Resource Group purchased a new stake in Fidelity Enhanced Large Cap Value ETF during the fourth quarter worth about $4,697,000. Stratos Wealth Partners LTD. acquired a new stake in shares of Fidelity Enhanced Large Cap Value ETF during the 4th quarter valued at approximately $4,787,000. Everett Harris & Co. CA purchased a new stake in shares of Fidelity Enhanced Large Cap Value ETF during the 4th quarter worth approximately $705,000. Westside Investment Management Inc. acquired a new stake in shares of Fidelity Enhanced Large Cap Value ETF in the 4th quarter worth approximately $25,000. Finally, Investment Advisory Group LLC increased its stake in Fidelity Enhanced Large Cap Value ETF by 37.0% in the 4th quarter. Investment Advisory Group LLC now owns 36,968 shares of the company’s stock valued at $1,126,000 after purchasing an additional 9,984 shares in the last quarter.

Fidelity Enhanced Large Cap Value ETF Stock Performance

Shares of FELV stock opened at $31.87 on Wednesday. The stock has a fifty day moving average price of $31.31 and a 200 day moving average price of $30.96. The stock has a market cap of $2.03 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 $26.89 and a 1 year high of $32.93.

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.