FELV | Fidelity Covington Trust | Enhanced Large Cap Value ETF Overview

(Stock Exchange: AMEX)

Day's Range	31.65 - 31.85
52 Week Range	24.96 - 32.57
Beta	N/A
Implied Volatility	N/A
IV Rank	N/A
Day's Volume	103,490
Average Volume	95,564
Shares Outstanding	62,025,733
Inception Date	2023-11-20

Assets	2,003,897,858
Asset Class	Equity
Expense Ratio	N/A
P/E Ratio	N/A
EPS	N/A
Dividend Yield	1.69%
Dividend Per Share	0.54
Dividend ExDate	N/A
Dividend PayDate	N/A

FELV seeks growth of capital by primarily focusing on stocks included in the Russell 1000 Value Index. The Rusell 1000 Value Index is a market cap-weighted index comprised of the 1000 largest US companies that exhibit value-oriented characteristics. These value stocks are typically those that have lower valuations relative to their earnings, assets or sales, often seen as undervalued or overlooked by the market. The investment decisions for FELV are guided by a computer-aided quantitative system, taking into account factors such as a firms past growth, worth and profitability. The objective is to potentially yield a total return higher than that of the Russell 1000 Value Index. While FELVs investments are centered around US stocks, it is also open to stocks from issuers overseas. Furthermore, the fund may participate in securities lending as a way to generate additional income. FELV converted from a mutual fund to an actively managed ETF, with $1.77 billion in assets.

*Chart delayed

Watching at FELV technicals we can see that long-term trend is bullish, the same as bullish middle-term trend, as well as bullish short-term trend. More technicals details can be found on FELV Technicals page.