Fidelity Enhanced Large Cap Core ETF $FELC Shares Acquired by KFG Wealth Management LLC

KFG Wealth Management LLC raised its position in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) by 4.5% during the 3rd quarter, HoldingsChannel reports. The fund owned 3,642,184 shares of the company’s stock after buying an additional 157,236 shares during the quarter. Fidelity Enhanced Large Cap Core ETF comprises about 17.1% of KFG Wealth Management LLC’s portfolio, making the stock its largest holding. KFG Wealth Management LLC’s holdings in Fidelity Enhanced Large Cap Core ETF were worth $157,779,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Halbert Hargrove Global Advisors LLC bought a new position in shares of Fidelity Enhanced Large Cap Core ETF during the 3rd quarter worth approximately $39,000. AdvisorNet Financial Inc acquired a new stake in shares of Fidelity Enhanced Large Cap Core ETF in the third quarter valued at approximately $271,000. Mather Group LLC. bought a new stake in shares of Fidelity Enhanced Large Cap Core ETF in the third quarter worth $1,593,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Fidelity Enhanced Large Cap Core ETF in the third quarter worth $130,000. Finally, Succession Financial Inc. acquired a new position in Fidelity Enhanced Large Cap Core ETF during the third quarter worth $1,618,000.

Fidelity Enhanced Large Cap Core ETF Stock Down 1.1%

FELC traded down $0.48 during trading hours on Friday, hitting $43.24. 3,078,681 shares of the company’s stock were exchanged, compared to its average volume of 947,235. The stock has a market cap of $8.69 billion, a price-to-earnings ratio of 24.29 and a beta of 1.00. Fidelity Enhanced Large Cap Core ETF has a 1-year low of $35.10 and a 1-year high of $44.36. The stock’s 50-day moving average is $43.68 and its two-hundred day moving average is $41.95.

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.