NewEdge Advisors LLC Raises Stock Position in Fidelity Enhanced Large Cap Core ETF $FELC

NewEdge Advisors LLC boosted its position in shares of Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) by 65.4% during the first quarter, Holdings Channel.com reports. The firm owned 1,893,097 shares of the company’s stock after buying an additional 748,283 shares during the quarter. NewEdge Advisors LLC’s holdings in Fidelity Enhanced Large Cap Core ETF were worth $68,663,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Maripau Wealth Management LLC increased its holdings in shares of Fidelity Enhanced Large Cap Core ETF by 3.9% during the 1st quarter. Maripau Wealth Management LLC now owns 52,456 shares of the company’s stock worth $1,903,000 after buying an additional 1,971 shares during the last quarter. Western Wealth Management LLC purchased a new stake in shares of Fidelity Enhanced Large Cap Core ETF during the 1st quarter valued at approximately $95,000. Bank of America Corp DE lifted its holdings in Fidelity Enhanced Large Cap Core ETF by 3.3% in the first quarter. Bank of America Corp DE now owns 399,974 shares of the company’s stock valued at $14,507,000 after acquiring an additional 12,937 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Fidelity Enhanced Large Cap Core ETF by 1,173.2% in the first quarter. EverSource Wealth Advisors LLC now owns 904 shares of the company’s stock valued at $33,000 after acquiring an additional 833 shares during the last quarter. Finally, Royal Bank of Canada grew its position in Fidelity Enhanced Large Cap Core ETF by 124.9% in the first quarter. Royal Bank of Canada now owns 428,917 shares of the company’s stock worth $15,557,000 after acquiring an additional 238,241 shares during the period.

Fidelity Enhanced Large Cap Core ETF Stock Performance

Shares of Fidelity Enhanced Large Cap Core ETF stock opened at $43.72 on Friday. The stock has a 50 day moving average of $42.08 and a 200 day moving average of $39.89. The firm has a market capitalization of $8.24 billion, a price-to-earnings ratio of 24.29 and a beta of 1.00. Fidelity Enhanced Large Cap Core ETF has a fifty-two week low of $34.94 and a fifty-two week high of $44.18.

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.