Maripau Wealth Management LLC Increases Stock Position in Fidelity Enhanced Large Cap Core ETF $FELC

Maripau Wealth Management LLC lifted its position in shares of Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) by 42.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 49,082 shares of the company’s stock after purchasing an additional 14,527 shares during the period. Maripau Wealth Management LLC’s holdings in Fidelity Enhanced Large Cap Core ETF were worth $1,829,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Archer Investment Corp purchased a new position in shares of Fidelity Enhanced Large Cap Core ETF in the 3rd quarter worth approximately $26,000. Ameriflex Group Inc. boosted its position in Fidelity Enhanced Large Cap Core ETF by 100.0% in the third quarter. Ameriflex Group Inc. now owns 686 shares of the company’s stock worth $26,000 after purchasing an additional 343 shares during the last quarter. Bank of Montreal Can increased its position in shares of Fidelity Enhanced Large Cap Core ETF by 32.6% during the 2nd quarter. Bank of Montreal Can now owns 1,221 shares of the company’s stock valued at $42,000 after purchasing an additional 300 shares during the last quarter. Goodman Advisory Group LLC bought a new stake in shares of Fidelity Enhanced Large Cap Core ETF during the 3rd quarter worth $42,000. Finally, Private Trust Co. NA bought a new stake in shares of Fidelity Enhanced Large Cap Core ETF during the 3rd quarter worth $63,000.

Fidelity Enhanced Large Cap Core ETF Stock Performance

FELC opened at $37.32 on Tuesday. The firm has a market cap of $6.25 billion, a P/E ratio of 24.29 and a beta of 1.01. Fidelity Enhanced Large Cap Core ETF has a fifty-two week low of $26.90 and a fifty-two week high of $38.95. The firm has a 50-day moving average of $38.25 and a 200 day moving average of $37.76.

Fidelity Enhanced Large Cap Core ETF 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.