KFG Wealth Management LLC raised its stake in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC – Free Report) by 29.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,854,046 shares of the company’s stock after acquiring an additional 422,148 shares during the quarter. Fidelity Enhanced Large Cap Core ETF accounts for about 11.4% of KFG Wealth Management LLC’s holdings, making the stock its largest position. KFG Wealth Management LLC’s holdings in Fidelity Enhanced Large Cap Core ETF were worth $61,054,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in FELC. Ritter Daniher Financial Advisory LLC DE bought a new stake in shares of Fidelity Enhanced Large Cap Core ETF during the third quarter worth $91,000. Eastern Bank bought a new position in Fidelity Enhanced Large Cap Core ETF in the 3rd quarter valued at $116,000. Farther Finance Advisors LLC increased its stake in shares of Fidelity Enhanced Large Cap Core ETF by 7,662.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,132 shares of the company’s stock valued at $197,000 after buying an additional 6,053 shares during the period. HBW Advisory Services LLC bought a new stake in shares of Fidelity Enhanced Large Cap Core ETF during the third quarter worth $218,000. Finally, J.W. Cole Advisors Inc. bought a new position in Fidelity Enhanced Large Cap Core ETF in the third quarter valued at about $220,000.
Fidelity Enhanced Large Cap Core ETF Stock Down 0.3 %
Shares of FELC stock opened at $34.09 on Friday. Fidelity Enhanced Large Cap Core ETF has a 12 month low of $27.06 and a 12 month high of $34.29. The firm has a market cap of $2.97 billion, a price-to-earnings ratio of 23.72 and a beta of 0.88. The stock has a 50-day moving average price of $33.51 and a 200 day moving average price of $32.25.
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.
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Want to see what other hedge funds are holding FELC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC – Free Report).
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