Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC – Get Free Report) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 240,390 shares, a growth of 79.3% from the September 15th total of 134,059 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 757,949 shares, the days-to-cover ratio is presently 0.3 days.
Fidelity Enhanced Large Cap Core ETF Trading Down 1.1%
Shares of FELC stock traded down $0.48 on Friday, reaching $43.24. The company’s stock had a trading volume of 3,078,681 shares, compared to its average volume of 947,235. The stock’s fifty day simple moving average is $43.70 and its 200-day simple moving average is $41.94. Fidelity Enhanced Large Cap Core ETF has a 1 year low of $35.10 and a 1 year high of $44.36. The company has a market capitalization of $8.69 billion, a price-to-earnings ratio of 24.29 and a beta of 1.00.
Hedge Funds Weigh In On Fidelity Enhanced Large Cap Core ETF
Several institutional investors have recently bought and sold shares of FELC. NewEdge Advisors LLC raised its position in shares of Fidelity Enhanced Large Cap Core ETF by 96.1% during the 2nd quarter. NewEdge Advisors LLC now owns 3,712,785 shares of the company’s stock valued at $155,603,000 after buying an additional 1,819,688 shares in the last quarter. SHP Wealth Management bought a new position in shares of Fidelity Enhanced Large Cap Core ETF in the 4th quarter valued at about $58,241,000. Bank of America Corp DE grew its position in Fidelity Enhanced Large Cap Core ETF by 3.3% in the first quarter. Bank of America Corp DE now owns 399,974 shares of the company’s stock worth $14,507,000 after acquiring an additional 12,937 shares in the last quarter. Stadion Money Management LLC bought a new stake in Fidelity Enhanced Large Cap Core ETF during the first quarter worth approximately $31,410,000. Finally, Axis Wealth Partners LLC increased its stake in Fidelity Enhanced Large Cap Core ETF by 102.2% during the first quarter. Axis Wealth Partners LLC now owns 25,941 shares of the company’s stock worth $941,000 after acquiring an additional 13,110 shares during the last quarter.
Fidelity Enhanced Large Cap Core ETF Company Profile
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.
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