KFG Wealth Management LLC Purchases 422,148 Shares of Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC)

KFG Wealth Management LLC boosted its position in shares of Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) by 29.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,854,046 shares of the company’s stock after acquiring an additional 422,148 shares during the period. Fidelity Enhanced Large Cap Core ETF accounts for 11.4% of KFG Wealth Management LLC’s investment portfolio, making the stock its biggest holding. KFG Wealth Management LLC owned approximately 2.13% of Fidelity Enhanced Large Cap Core ETF worth $61,054,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FELC. Harbour Investments Inc. increased its stake in Fidelity Enhanced Large Cap Core ETF by 2.6% during the third quarter. Harbour Investments Inc. now owns 14,719 shares of the company’s stock valued at $472,000 after acquiring an additional 377 shares during the period. Leo Wealth LLC grew its holdings in shares of Fidelity Enhanced Large Cap Core ETF by 3.1% during the 3rd quarter. Leo Wealth LLC now owns 26,054 shares of the company’s stock worth $836,000 after purchasing an additional 793 shares in the last quarter. Kingsview Wealth Management LLC increased its position in shares of Fidelity Enhanced Large Cap Core ETF by 6.6% during the third quarter. Kingsview Wealth Management LLC now owns 16,003 shares of the company’s stock valued at $514,000 after purchasing an additional 997 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in shares of Fidelity Enhanced Large Cap Core ETF by 16.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 12,291 shares of the company’s stock valued at $394,000 after purchasing an additional 1,726 shares in the last quarter. Finally, Cerity Partners LLC lifted its position in Fidelity Enhanced Large Cap Core ETF by 16.0% in the third quarter. Cerity Partners LLC now owns 15,378 shares of the company’s stock worth $493,000 after purchasing an additional 2,118 shares during the period.

Fidelity Enhanced Large Cap Core ETF Price Performance

Shares of Fidelity Enhanced Large Cap Core ETF stock opened at $34.09 on Friday. Fidelity Enhanced Large Cap Core ETF has a 52-week low of $27.06 and a 52-week high of $34.29. The firm has a market capitalization of $2.97 billion, a PE ratio of 23.72 and a beta of 0.88. The company’s fifty day moving average price is $33.51 and its two-hundred day moving average price is $32.25.

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.