Sovran Advisors LLC Takes $2.49 Million Position in Fidelity Enhanced Large Cap Core ETF $FELC

Sovran Advisors LLC purchased a new stake in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 62,068 shares of the company’s stock, valued at approximately $2,486,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC increased its stake in shares of Fidelity Enhanced Large Cap Core ETF by 3.6% during the 1st quarter. Sequoia Financial Advisors LLC now owns 7,351 shares of the company’s stock worth $267,000 after purchasing an additional 258 shares during the last quarter. Geneva Partners LLC lifted its stake in shares of Fidelity Enhanced Large Cap Core ETF by 1.8% in the 4th quarter. Geneva Partners LLC now owns 14,767 shares of the company’s stock valued at $564,000 after purchasing an additional 264 shares during the last quarter. Kingsview Wealth Management LLC lifted its stake in shares of Fidelity Enhanced Large Cap Core ETF by 2.3% in the 4th quarter. Kingsview Wealth Management LLC now owns 13,636 shares of the company’s stock valued at $520,000 after purchasing an additional 308 shares during the last quarter. IFP Advisors Inc boosted its holdings in Fidelity Enhanced Large Cap Core ETF by 42.2% in the fourth quarter. IFP Advisors Inc now owns 1,223 shares of the company’s stock worth $47,000 after purchasing an additional 363 shares in the last quarter. Finally, Silver Oak Securities Incorporated boosted its holdings in Fidelity Enhanced Large Cap Core ETF by 8.5% in the first quarter. Silver Oak Securities Incorporated now owns 6,981 shares of the company’s stock worth $253,000 after purchasing an additional 547 shares in the last quarter.

Fidelity Enhanced Large Cap Core ETF Trading Up 0.4%

NYSEARCA FELC traded up $0.19 during trading on Friday, hitting $42.60. 495,432 shares of the company traded hands, compared to its average volume of 1,052,097. Fidelity Enhanced Large Cap Core ETF has a 12 month low of $34.30 and a 12 month high of $42.66. The business has a fifty day simple moving average of $41.65 and a 200 day simple moving average of $39.35. The company has a market capitalization of $8.01 billion, a P/E ratio of 24.29 and a beta of 1.00.

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.