Short Interest in Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) Declines By 67.0%

Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 40,301 shares, a decrease of 67.0% from the May 31st total of 122,073 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 103,379 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Fidelity Fundamental Large Cap Core ETF

A number of hedge funds have recently bought and sold shares of the business. Integrated Wealth Concepts LLC grew its holdings in Fidelity Fundamental Large Cap Core ETF by 10.7% in the first quarter. Integrated Wealth Concepts LLC now owns 8,330 shares of the company’s stock valued at $362,000 after purchasing an additional 804 shares during the period. Jane Street Group LLC raised its stake in shares of Fidelity Fundamental Large Cap Core ETF by 1,395.3% during the 1st quarter. Jane Street Group LLC now owns 108,652 shares of the company’s stock worth $4,726,000 after buying an additional 101,386 shares during the period. IFG Advisory LLC raised its stake in shares of Fidelity Fundamental Large Cap Core ETF by 130.1% during the 3rd quarter. IFG Advisory LLC now owns 90,804 shares of the company’s stock worth $4,725,000 after buying an additional 51,344 shares during the period. Kane Investment Management Inc. lifted its position in shares of Fidelity Fundamental Large Cap Core ETF by 10.2% during the 3rd quarter. Kane Investment Management Inc. now owns 32,305 shares of the company’s stock valued at $1,681,000 after buying an additional 3,002 shares in the last quarter. Finally, Orion Porfolio Solutions LLC lifted its position in shares of Fidelity Fundamental Large Cap Core ETF by 8.2% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 55,893 shares of the company’s stock valued at $2,909,000 after buying an additional 4,248 shares in the last quarter.

Fidelity Fundamental Large Cap Core ETF Stock Down 0.9%

FFLC stock opened at $57.59 on Friday. Fidelity Fundamental Large Cap Core ETF has a 52-week low of $48.29 and a 52-week high of $59.80. The firm has a market cap of $909.92 million, a P/E ratio of 24.24 and a beta of 0.94. The company’s 50-day simple moving average is $57.92 and its 200-day simple moving average is $55.10.

Fidelity Fundamental Large Cap Core ETF Company Profile

The Fidelity Fundamental Large Cap Core ETF (FFLC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed core portfolio of large-cap stocks from US and foreign issuers. Stocks are selected based on fundamental factors. FFLC was launched on Jun 3, 2020 and is issued by Fidelity.