29,780 Shares in Fidelity Enhanced Large Cap Core ETF $FELC Purchased by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. acquired a new position in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) in the 4th quarter, HoldingsChannel reports. The fund acquired 29,780 shares of the company’s stock, valued at approximately $1,137,000.

Other large investors also recently added to or reduced their stakes in the company. Archer Investment Corp purchased a new stake in Fidelity Enhanced Large Cap Core ETF in the 3rd quarter worth about $26,000. Ameriflex Group Inc. increased its holdings in Fidelity Enhanced Large Cap Core ETF by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 686 shares of the company’s stock worth $26,000 after acquiring an additional 343 shares during the last quarter. Fifth Third Bancorp purchased a new stake in Fidelity Enhanced Large Cap Core ETF in the 4th quarter worth about $31,000. Rialto Wealth Management LLC purchased a new stake in Fidelity Enhanced Large Cap Core ETF in the 4th quarter worth about $32,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in Fidelity Enhanced Large Cap Core ETF in the 4th quarter worth about $34,000.

Fidelity Enhanced Large Cap Core ETF Stock Performance

Shares of FELC opened at $41.20 on Wednesday. The firm has a market cap of $7.19 billion, a P/E ratio of 24.29 and a beta of 1.00. Fidelity Enhanced Large Cap Core ETF has a fifty-two week low of $32.08 and a fifty-two week high of $41.36. The business has a 50-day moving average of $38.20 and a 200 day moving average of $38.15.

About Fidelity Enhanced Large Cap Core ETF

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.