Royal Bank of Canada Reduces Stock Position in Fidelity Fundamental Large Cap Core ETF $FFLC

Royal Bank of Canada cut its holdings in Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) by 53.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,703 shares of the company’s stock after selling 11,266 shares during the period. Royal Bank of Canada’s holdings in Fidelity Fundamental Large Cap Core ETF were worth $497,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Kestra Private Wealth Services LLC lifted its holdings in Fidelity Fundamental Large Cap Core ETF by 30.7% during the 1st quarter. Kestra Private Wealth Services LLC now owns 166,994 shares of the company’s stock worth $8,564,000 after purchasing an additional 39,242 shares in the last quarter. Triad Wealth Partners LLC grew its holdings in Fidelity Fundamental Large Cap Core ETF by 135.5% during the 1st quarter. Triad Wealth Partners LLC now owns 14,999 shares of the company’s stock valued at $769,000 after buying an additional 8,629 shares in the last quarter. Dahring Cusmano LLC increased its position in shares of Fidelity Fundamental Large Cap Core ETF by 6.1% during the fourth quarter. Dahring Cusmano LLC now owns 314,608 shares of the company’s stock valued at $16,787,000 after buying an additional 17,980 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Fidelity Fundamental Large Cap Core ETF by 19,645.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 109,588 shares of the company’s stock worth $5,466,000 after buying an additional 109,033 shares in the last quarter. Finally, Envision Financial Transparency LLC purchased a new stake in shares of Fidelity Fundamental Large Cap Core ETF in the first quarter worth about $3,262,000.

Fidelity Fundamental Large Cap Core ETF Trading Up 0.4%

FFLC stock opened at $59.89 on Wednesday. The firm has a 50 day moving average of $59.18 and a 200-day moving average of $56.70. The firm has a market capitalization of $946.26 million, a P/E ratio of 24.24 and a beta of 0.94. Fidelity Fundamental Large Cap Core ETF has a 12 month low of $49.40 and a 12 month high of $61.14.

About Fidelity Fundamental Large Cap Core ETF

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.