World Investment Advisors Invests $561,000 in Fidelity Fundamental Large Cap Core ETF $FFLC

World Investment Advisors acquired a new stake in shares of Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) during the third quarter, HoldingsChannel reports. The fund acquired 10,778 shares of the company’s stock, valued at approximately $561,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FFLC. Commonwealth Equity Services LLC raised its stake in Fidelity Fundamental Large Cap Core ETF by 11.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,010,943 shares of the company’s stock worth $49,395,000 after acquiring an additional 103,125 shares during the period. Novem Group increased its stake in shares of Fidelity Fundamental Large Cap Core ETF by 64.0% in the second quarter. Novem Group now owns 471,096 shares of the company’s stock worth $23,018,000 after purchasing an additional 183,877 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Fidelity Fundamental Large Cap Core ETF by 6.6% in the second quarter. Envestnet Asset Management Inc. now owns 336,211 shares of the company’s stock worth $16,427,000 after purchasing an additional 20,910 shares in the last quarter. Prasad Wealth Partners LLC bought a new stake in shares of Fidelity Fundamental Large Cap Core ETF during the 2nd quarter valued at $13,262,000. Finally, Fiduciary Planning LLC boosted its holdings in Fidelity Fundamental Large Cap Core ETF by 9.6% in the 3rd quarter. Fiduciary Planning LLC now owns 244,822 shares of the company’s stock worth $12,741,000 after buying an additional 21,516 shares during the period.

Fidelity Fundamental Large Cap Core ETF Stock Performance

Shares of FFLC stock opened at $53.78 on Tuesday. The stock has a fifty day simple moving average of $52.83 and a two-hundred day simple moving average of $51.23. The firm has a market capitalization of $849.65 million, a PE ratio of 24.24 and a beta of 0.94. Fidelity Fundamental Large Cap Core ETF has a 52-week low of $37.32 and a 52-week high of $50.38.

Fidelity Fundamental Large Cap Core ETF Company 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.