Element Wealth LLC Makes New $179,000 Investment in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC)

Element Wealth LLC acquired a new position in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,436 shares of the company’s stock, valued at approximately $179,000.

A number of other large investors have also modified their holdings of FELC. FMR LLC raised its position in shares of Fidelity Enhanced Large Cap Core ETF by 50.7% in the third quarter. FMR LLC now owns 28,472,450 shares of the company’s stock worth $913,681,000 after acquiring an additional 9,573,314 shares during the period. JPMorgan Chase & Co. raised its position in shares of Fidelity Enhanced Large Cap Core ETF by 17,256.1% in the third quarter. JPMorgan Chase & Co. now owns 512,004 shares of the company’s stock worth $16,430,000 after acquiring an additional 509,054 shares during the period. KFG Wealth Management LLC raised its position in shares of Fidelity Enhanced Large Cap Core ETF by 29.5% in the fourth quarter. KFG Wealth Management LLC now owns 1,854,046 shares of the company’s stock worth $61,054,000 after acquiring an additional 422,148 shares during the period. Raymond James & Associates raised its position in shares of Fidelity Enhanced Large Cap Core ETF by 188.3% in the third quarter. Raymond James & Associates now owns 341,702 shares of the company’s stock worth $10,965,000 after acquiring an additional 223,192 shares during the period. Finally, Lincoln Capital Corp acquired a new position in shares of Fidelity Enhanced Large Cap Core ETF in the fourth quarter worth about $4,279,000.

Fidelity Enhanced Large Cap Core ETF Stock Performance

Shares of Fidelity Enhanced Large Cap Core ETF stock opened at $33.43 on Friday. The firm has a 50-day simple moving average of $33.58 and a two-hundred day simple moving average of $32.63. The company has a market cap of $2.91 billion, a P/E ratio of 23.72 and a beta of 0.88. Fidelity Enhanced Large Cap Core ETF has a fifty-two week low of $27.91 and a fifty-two week high of $34.29.

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.