Sunbelt Securities Inc. Sells 816 Shares of Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV)

Sunbelt Securities Inc. lowered its stake in shares of Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) by 3.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,612 shares of the company’s stock after selling 816 shares during the quarter. Sunbelt Securities Inc.’s holdings in Fidelity Enhanced Large Cap Value ETF were worth $748,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in FELV. Carmichael Hill & Associates Inc. acquired a new position in Fidelity Enhanced Large Cap Value ETF in the fourth quarter valued at about $34,000. Creative Capital Management Investments LLC bought a new stake in shares of Fidelity Enhanced Large Cap Value ETF during the 4th quarter worth approximately $35,000. CWM LLC bought a new stake in shares of Fidelity Enhanced Large Cap Value ETF during the 1st quarter worth approximately $52,000. Cordant Inc. acquired a new stake in shares of Fidelity Enhanced Large Cap Value ETF during the 4th quarter worth approximately $51,000. Finally, Concourse Financial Group Securities Inc. bought a new position in Fidelity Enhanced Large Cap Value ETF in the fourth quarter valued at approximately $71,000.

Fidelity Enhanced Large Cap Value ETF Price Performance

Shares of FELV opened at $28.46 on Friday. The firm has a 50 day simple moving average of $28.49 and a two-hundred day simple moving average of $27.87. Fidelity Enhanced Large Cap Value ETF has a one year low of $24.85 and a one year high of $29.27. The company has a market cap of $1.82 billion, a P/E ratio of 17.36 and a beta of 0.67.

Fidelity Enhanced Large Cap Value ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, June 25th. Stockholders of record on Friday, June 21st were issued a dividend of $0.074 per share. The ex-dividend date was Friday, June 21st.

Fidelity Enhanced Large Cap Value ETF Company Profile

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.