12,464 Shares in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Bought by Exencial Wealth Advisors LLC

Exencial Wealth Advisors LLC recently acquired a new position in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) during the fourth quarter, according to a disclosure with the Securities & Exchange Commission. The institutional investor acquired 12,464 shares of the company’s stock, valued at approximately $335,000.

Other institutional investors and hedge funds have also recently bought and sold shares of FELV. For example, Carmichael Hill & Associates Inc., Creative Capital Management Investments LLC, Cordant Inc., Concourse Financial Group Securities Inc., and Key Financial Inc. all acquired new stakes in Fidelity Enhanced Large Cap Value ETF in the fourth quarter.

Fidelity Enhanced Large Cap Value ETF stock opened at $28.51 on Friday, with a market capitalization of $1.82 billion, a price-to-earnings ratio of 17.36, and a beta of 0.67. The stock has a fifty-two week low of $24.85 and a fifty-two week high of $29.27, with a fifty-day moving average of $28.47 and a two-hundred day moving average of $27.58.

Fidelity Enhanced Large Cap Value ETF is an exchange-traded fund that primarily invests in large cap equity, actively managed to focus on large-cap value stocks in a broad US equity value index. The fund, issued by Fidelity, aims for capital growth and was launched on April 19, 2007.

DailyBubble’s perspective on the topic is that the acquisition of shares in Fidelity Enhanced Large Cap Value ETF by Exencial Wealth Advisors LLC reflects a positive outlook on the fund’s performance and potential for growth. With a focus on large-cap value stocks and a history of solid returns, FELV presents an attractive investment opportunity for institutional investors and individuals alike.