Kestra Advisory Services LLC Reduces Position in Fidelity Enhanced Large Cap Core ETF $FELC

Kestra Advisory Services LLC decreased its holdings in shares of Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) by 5.0% in the first quarter, HoldingsChannel reports. The fund owned 838,432 shares of the company’s stock after selling 43,689 shares during the quarter. Kestra Advisory Services LLC’s holdings in Fidelity Enhanced Large Cap Core ETF were worth $30,410,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of FELC. BIP Wealth LLC bought a new stake in Fidelity Enhanced Large Cap Core ETF during the 4th quarter valued at approximately $530,000. M Holdings Securities Inc. bought a new position in Fidelity Enhanced Large Cap Core ETF in the 4th quarter worth approximately $2,179,000. Savvy Advisors Inc. purchased a new stake in Fidelity Enhanced Large Cap Core ETF during the 4th quarter valued at approximately $1,635,000. Maripau Wealth Management LLC grew its holdings in Fidelity Enhanced Large Cap Core ETF by 42.0% during the 3rd quarter. Maripau Wealth Management LLC now owns 49,082 shares of the company’s stock valued at $1,829,000 after buying an additional 14,527 shares in the last quarter. Finally, Money Concepts Capital Corp bought a new stake in shares of Fidelity Enhanced Large Cap Core ETF during the fourth quarter valued at approximately $546,000.

Fidelity Enhanced Large Cap Core ETF Price Performance

Shares of FELC stock traded up $0.19 during mid-day trading on Friday, hitting $42.60. The company had a trading volume of 495,432 shares, compared to its average volume of 1,052,097. Fidelity Enhanced Large Cap Core ETF has a 52-week low of $34.30 and a 52-week high of $42.66. The stock’s 50 day moving average price is $41.65 and its 200-day moving average price is $39.35. The company has a market capitalization of $7.95 billion, a P/E ratio of 24.29 and a beta of 1.00.

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.