Financial Perspectives Inc Buys New Position in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC)

Financial Perspectives Inc bought a new stake in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 5,057 shares of the company’s stock, valued at approximately $134,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Allworth Financial LP acquired a new stake in Fidelity Enhanced Large Cap Core ETF in the 4th quarter valued at approximately $87,000. AdvisorNet Financial Inc bought a new position in Fidelity Enhanced Large Cap Core ETF in the fourth quarter valued at approximately $92,000. Glass Jacobson Investment Advisors llc bought a new position in Fidelity Enhanced Large Cap Core ETF in the fourth quarter valued at approximately $92,000. Cambridge Trust Co. bought a new position in Fidelity Enhanced Large Cap Core ETF in the fourth quarter valued at approximately $95,000. Finally, CWM LLC bought a new position in Fidelity Enhanced Large Cap Core ETF in the fourth quarter valued at approximately $115,000.

Fidelity Enhanced Large Cap Core ETF Price Performance

FELC stock traded up $0.31 during mid-day trading on Tuesday, reaching $28.53. The company had a trading volume of 1,368,853 shares, compared to its average volume of 390,525. The stock’s 50 day moving average is $28.79. The company has a market capitalization of $2.42 billion, a P/E ratio of 24.02 and a beta of 0.81. Fidelity Enhanced Large Cap Core ETF has a 52 week low of $24.81 and a 52 week high of $29.60.

About Fidelity Enhanced Large Cap Core ETF

The Fidelity Enhanced Large Cap Core ETF (FELC) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in large-cap stocks belonging to a broad US equity index. The fund aims for growth of capital FELC was launched on Apr 19, 2007 and is issued by Fidelity.