NewEdge Advisors LLC Buys 1,819,688 Shares of Fidelity Enhanced Large Cap Core ETF $FELC

NewEdge Advisors LLC increased its stake in shares of Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) by 96.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,712,785 shares of the company’s stock after purchasing an additional 1,819,688 shares during the quarter. NewEdge Advisors LLC’s holdings in Fidelity Enhanced Large Cap Core ETF were worth $155,603,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Allworth Financial LP grew its stake in Fidelity Enhanced Large Cap Core ETF by 35.7% in the second quarter. Allworth Financial LP now owns 10,124 shares of the company’s stock valued at $424,000 after purchasing an additional 2,662 shares during the last quarter. Citadel Advisors LLC lifted its position in shares of Fidelity Enhanced Large Cap Core ETF by 1,986.2% during the second quarter. Citadel Advisors LLC now owns 2,121,806 shares of the company’s stock valued at $88,925,000 after buying an additional 2,020,098 shares during the last quarter. Corient Private Wealth LP lifted its position in shares of Fidelity Enhanced Large Cap Core ETF by 69.2% during the second quarter. Corient Private Wealth LP now owns 11,392 shares of the company’s stock valued at $477,000 after buying an additional 4,661 shares during the last quarter. Ameritas Advisory Services LLC boosted its holdings in shares of Fidelity Enhanced Large Cap Core ETF by 519.9% in the 2nd quarter. Ameritas Advisory Services LLC now owns 43,690 shares of the company’s stock valued at $1,831,000 after buying an additional 36,642 shares in the last quarter. Finally, HB Wealth Management LLC bought a new stake in shares of Fidelity Enhanced Large Cap Core ETF in the 2nd quarter valued at about $654,000.

Fidelity Enhanced Large Cap Core ETF Stock Down 0.6%

Shares of Fidelity Enhanced Large Cap Core ETF stock opened at $43.63 on Wednesday. The firm’s 50 day moving average price is $43.01 and its 200-day moving average price is $40.76. Fidelity Enhanced Large Cap Core ETF has a 52-week low of $35.10 and a 52-week high of $44.36. The company has a market cap of $8.22 billion, a P/E ratio of 24.29 and a beta of 1.00.

Fidelity Enhanced Large Cap Core ETF 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.