Sowa Financial Group Inc. Acquires Shares of 373,804 Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV)

Sowa Financial Group Inc. purchased a new position in shares of Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 373,804 shares of the company’s stock, valued at approximately $11,573,000. Fidelity Enhanced Large Cap Value ETF comprises approximately 7.3% of Sowa Financial Group Inc.’s investment portfolio, making the stock its 5th largest holding. Sowa Financial Group Inc. owned about 0.59% of Fidelity Enhanced Large Cap Value ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of FELV. Processus Wealth & Capital Management LLC lifted its holdings in Fidelity Enhanced Large Cap Value ETF by 0.6% in the second quarter. Processus Wealth & Capital Management LLC now owns 80,899 shares of the company’s stock worth $2,310,000 after acquiring an additional 498 shares during the last quarter. Investment Advisory Group LLC lifted its holdings in Fidelity Enhanced Large Cap Value ETF by 6.1% in the first quarter. Investment Advisory Group LLC now owns 26,203 shares of the company’s stock worth $765,000 after acquiring an additional 1,502 shares during the last quarter. North Star Investment Management Corp. bought a new position in Fidelity Enhanced Large Cap Value ETF in the first quarter worth about $48,000. CWM LLC bought a new position in Fidelity Enhanced Large Cap Value ETF in the first quarter worth about $52,000. Finally, Private Ocean LLC bought a new position in Fidelity Enhanced Large Cap Value ETF in the first quarter worth about $65,000.

Fidelity Enhanced Large Cap Value ETF Stock Up 1.0 %

Shares of NYSEARCA FELV opened at $31.31 on Friday. The firm’s 50-day moving average price is $30.17 and its two-hundred day moving average price is $29.20. Fidelity Enhanced Large Cap Value ETF has a 52-week low of $24.85 and a 52-week high of $31.34. The stock has a market capitalization of $2.00 billion, a P/E ratio of 17.36 and a beta of 0.67.

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.