MML Investors Services LLC Decreases Stock Position in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV)

MML Investors Services LLC cut its holdings in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) by 3.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 9,440 shares of the company’s stock after selling 377 shares during the period. MML Investors Services LLC’s holdings in Fidelity Enhanced Large Cap Value ETF were worth $292,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Commonwealth Equity Services LLC lifted its holdings in shares of Fidelity Enhanced Large Cap Value ETF by 4.3% during the second quarter. Commonwealth Equity Services LLC now owns 710,890 shares of the company’s stock valued at $20,303,000 after purchasing an additional 29,541 shares in the last quarter. Sowa Financial Group Inc. purchased a new position in Fidelity Enhanced Large Cap Value ETF in the 3rd quarter worth about $11,573,000. J.W. Cole Advisors Inc. lifted its stake in Fidelity Enhanced Large Cap Value ETF by 2.2% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 88,517 shares of the company’s stock valued at $2,740,000 after acquiring an additional 1,932 shares during the period. Essex Financial Services Inc. boosted its holdings in shares of Fidelity Enhanced Large Cap Value ETF by 10.0% during the 2nd quarter. Essex Financial Services Inc. now owns 48,469 shares of the company’s stock valued at $1,384,000 after acquiring an additional 4,392 shares during the last quarter. Finally, Investment Advisory Group LLC boosted its holdings in shares of Fidelity Enhanced Large Cap Value ETF by 2.9% during the 3rd quarter. Investment Advisory Group LLC now owns 26,984 shares of the company’s stock valued at $835,000 after acquiring an additional 769 shares during the last quarter.

Fidelity Enhanced Large Cap Value ETF Stock Up 0.8 %

Shares of Fidelity Enhanced Large Cap Value ETF stock opened at $30.87 on Thursday. Fidelity Enhanced Large Cap Value ETF has a twelve month low of $26.29 and a twelve month high of $32.93. The company’s 50 day moving average is $31.72 and its 200 day moving average is $30.38. The company has a market cap of $1.97 billion, a price-to-earnings ratio of 17.36 and a beta of 0.67.

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.