Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) saw unusually-strong trading volume on Wednesday . Approximately 1,675,882 shares changed hands during trading, an increase of 106% from the previous session’s volume of 814,232 shares.The stock last traded at $33.71 and had previously closed at $33.76.

Fidelity Enhanced Large Cap Core ETF Stock Down 1.1 %

The business has a 50-day moving average price of $33.60 and a 200-day moving average price of $32.40. The firm has a market capitalization of $2.93 billion, a P/E ratio of 23.72 and a beta of 0.88.

Institutional Trading of Fidelity Enhanced Large Cap Core ETF

A number of large investors have recently bought and sold shares of FELC. Marshall Wace LLP acquired a new position in Fidelity Enhanced Large Cap Core ETF in the second quarter worth $336,000. Silverlake Wealth Management LLC boosted its stake in Fidelity Enhanced Large Cap Core ETF by 13.9% in the third quarter. Silverlake Wealth Management LLC now owns 37,104 shares of the company’s stock worth $1,191,000 after purchasing an additional 4,538 shares in the last quarter. Raymond James & Associates boosted its stake in Fidelity Enhanced Large Cap Core ETF by 188.3% in the third quarter. Raymond James & Associates now owns 341,702 shares of the company’s stock worth $10,965,000 after purchasing an additional 223,192 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in Fidelity Enhanced Large Cap Core ETF by 29.2% in the third quarter. Commonwealth Equity Services LLC now owns 1,487,960 shares of the company’s stock worth $47,749,000 after purchasing an additional 335,915 shares in the last quarter. Finally, Eastern Bank acquired a new position in Fidelity Enhanced Large Cap Core ETF in the third quarter worth $116,000.

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.