Raymond James Financial Inc. Makes New $1.83 Million Investment in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV)

Raymond James Financial Inc. bought a new position in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 60,181 shares of the company’s stock, valued at approximately $1,834,000. Raymond James Financial Inc. owned approximately 0.09% of Fidelity Enhanced Large Cap Value ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in FELV. Westside Investment Management Inc. bought a new stake in Fidelity Enhanced Large Cap Value ETF during the fourth quarter worth $25,000. Allworth Financial LP increased its position in shares of Fidelity Enhanced Large Cap Value ETF by 4,634.4% during the 4th quarter. Allworth Financial LP now owns 1,515 shares of the company’s stock valued at $48,000 after purchasing an additional 1,483 shares during the last quarter. PSI Advisors LLC bought a new stake in shares of Fidelity Enhanced Large Cap Value ETF during the 4th quarter worth $69,000. Richardson Capital Management LLC purchased a new position in shares of Fidelity Enhanced Large Cap Value ETF in the 4th quarter worth about $117,000. Finally, Mission Wealth Management LP bought a new position in Fidelity Enhanced Large Cap Value ETF during the fourth quarter valued at about $220,000.

Fidelity Enhanced Large Cap Value ETF Stock Performance

NYSEARCA FELV opened at $30.74 on Tuesday. The company has a market capitalization of $2.18 billion, a PE ratio of 18.65 and a beta of 0.67. Fidelity Enhanced Large Cap Value ETF has a 52-week low of $27.56 and a 52-week high of $32.93. The company has a 50-day simple moving average of $31.36 and a 200 day simple moving average of $31.32.

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.