Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) Sees Strong Trading Volume – Should You Buy?

Shares of Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELCGet Free Report) saw unusually-high trading volume on Tuesday . 4,732,054 shares traded hands during trading, an increase of 343% from the previous session’s volume of 1,067,591 shares.The stock last traded at $41.90 and had previously closed at $41.59.

Fidelity Enhanced Large Cap Core ETF Trading Up 0.7%

The company has a 50 day moving average of $41.21 and a 200 day moving average of $39.10. The firm has a market cap of $7.30 billion, a price-to-earnings ratio of 24.29 and a beta of 1.01.

Institutional Investors Weigh In On Fidelity Enhanced Large Cap Core ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. NewEdge Advisors LLC increased its position in shares of Fidelity Enhanced Large Cap Core ETF by 65.4% during the 1st quarter. NewEdge Advisors LLC now owns 1,893,097 shares of the company’s stock worth $68,663,000 after purchasing an additional 748,283 shares in the last quarter. Maripau Wealth Management LLC boosted its position in Fidelity Enhanced Large Cap Core ETF by 3.9% in the first quarter. Maripau Wealth Management LLC now owns 52,456 shares of the company’s stock valued at $1,903,000 after buying an additional 1,971 shares in the last quarter. Western Wealth Management LLC bought a new stake in Fidelity Enhanced Large Cap Core ETF during the first quarter worth about $95,000. Bank of America Corp DE grew its stake in Fidelity Enhanced Large Cap Core ETF by 3.3% during the first quarter. Bank of America Corp DE now owns 399,974 shares of the company’s stock worth $14,507,000 after buying an additional 12,937 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Fidelity Enhanced Large Cap Core ETF by 1,173.2% during the first quarter. EverSource Wealth Advisors LLC now owns 904 shares of the company’s stock worth $33,000 after buying an additional 833 shares in the last quarter.

About Fidelity Enhanced Large Cap Core ETF

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Fidelity Enhanced Large Cap Core ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Enhanced Large Cap Core ETF and related companies with MarketBeat.com's FREE daily email newsletter.