Royal Bank of Canada Decreases Holdings in Fidelity Fundamental Large Cap Core ETF $FFLC

Royal Bank of Canada decreased its stake in Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) by 53.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,703 shares of the company’s stock after selling 11,266 shares during the period. Royal Bank of Canada owned 0.06% of Fidelity Fundamental Large Cap Core ETF worth $497,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Financial Freedom LLC purchased a new stake in shares of Fidelity Fundamental Large Cap Core ETF during the 1st quarter worth approximately $26,000. Sunbelt Securities Inc. bought a new stake in shares of Fidelity Fundamental Large Cap Core ETF in the 3rd quarter worth approximately $26,000. Northwestern Mutual Wealth Management Co. purchased a new position in Fidelity Fundamental Large Cap Core ETF in the third quarter valued at approximately $29,000. Steward Partners Investment Advisory LLC lifted its stake in Fidelity Fundamental Large Cap Core ETF by 380.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 625 shares of the company’s stock valued at $33,000 after purchasing an additional 495 shares during the last quarter. Finally, Coston McIsaac & Partners grew its holdings in Fidelity Fundamental Large Cap Core ETF by 42.1% during the first quarter. Coston McIsaac & Partners now owns 668 shares of the company’s stock valued at $34,000 after purchasing an additional 198 shares during the period.

Fidelity Fundamental Large Cap Core ETF Price Performance

BATS:FFLC opened at $59.89 on Wednesday. The company has a market capitalization of $946.26 million, a P/E ratio of 24.24 and a beta of 0.94. The business has a fifty day simple moving average of $59.18 and a two-hundred day simple moving average of $56.70. Fidelity Fundamental Large Cap Core ETF has a 1 year low of $49.40 and a 1 year high of $61.14.

Fidelity Fundamental Large Cap Core ETF Profile

The Fidelity Fundamental Large Cap Core ETF (FFLC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed core portfolio of large-cap stocks from US and foreign issuers. Stocks are selected based on fundamental factors. FFLC was launched on Jun 3, 2020 and is issued by Fidelity.