Fidelity Enhanced Large Cap Core ETF $FELC Shares Bought by NewEdge Advisors LLC

NewEdge Advisors LLC raised its holdings in shares of Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) by 65.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,893,097 shares of the company’s stock after buying an additional 748,283 shares during the quarter. NewEdge Advisors LLC owned about 1.09% of Fidelity Enhanced Large Cap Core ETF worth $68,663,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Root Financial Partners LLC acquired a new position in Fidelity Enhanced Large Cap Core ETF during the first quarter worth about $25,000. Fifth Third Bancorp acquired a new stake in Fidelity Enhanced Large Cap Core ETF in the 4th quarter valued at about $31,000. EverSource Wealth Advisors LLC lifted its stake in Fidelity Enhanced Large Cap Core ETF by 1,173.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 904 shares of the company’s stock worth $33,000 after purchasing an additional 833 shares in the last quarter. Halbert Hargrove Global Advisors LLC purchased a new position in Fidelity Enhanced Large Cap Core ETF in the 4th quarter worth approximately $34,000. Finally, Litman Gregory Wealth Management LLC acquired a new position in shares of Fidelity Enhanced Large Cap Core ETF during the 4th quarter worth approximately $36,000.

Fidelity Enhanced Large Cap Core ETF Price Performance

FELC stock opened at $43.72 on Friday. The business has a 50 day simple moving average of $42.08 and a 200-day simple moving average of $39.89. The firm has a market capitalization of $8.24 billion, a PE ratio of 24.29 and a beta of 1.00. Fidelity Enhanced Large Cap Core ETF has a 1 year low of $34.94 and a 1 year high of $44.18.

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.