Fidelity Enhanced Large Cap Core ETF $FELC Shares Sold by Williams & Novak Wealth Management LLC

Williams & Novak Wealth Management LLC lowered its holdings in shares of Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) by 11.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 156,882 shares of the company’s stock after selling 19,425 shares during the quarter. Fidelity Enhanced Large Cap Core ETF makes up 4.1% of Williams & Novak Wealth Management LLC’s portfolio, making the stock its 3rd biggest holding. Williams & Novak Wealth Management LLC’s holdings in Fidelity Enhanced Large Cap Core ETF were worth $6,796,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Root Financial Partners LLC bought a new position in Fidelity Enhanced Large Cap Core ETF in the 1st quarter worth approximately $25,000. EverSource Wealth Advisors LLC raised its position 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 valued at $33,000 after buying an additional 833 shares during the last quarter. Anchor Investment Management LLC bought a new stake in shares of Fidelity Enhanced Large Cap Core ETF during the fourth quarter valued at approximately $38,000. Western Wealth Management LLC bought a new stake in shares of Fidelity Enhanced Large Cap Core ETF during the first quarter valued at approximately $95,000. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of Fidelity Enhanced Large Cap Core ETF by 20.0% in the first quarter. PNC Financial Services Group Inc. now owns 2,987 shares of the company’s stock worth $108,000 after buying an additional 498 shares in the last quarter.

Fidelity Enhanced Large Cap Core ETF Stock Performance

Shares of NYSEARCA:FELC opened at $44.16 on Friday. The firm has a fifty day moving average price of $43.67 and a 200 day moving average price of $41.68. Fidelity Enhanced Large Cap Core ETF has a fifty-two week low of $35.10 and a fifty-two week high of $44.36. The firm has a market cap of $8.81 billion, a price-to-earnings ratio of 24.29 and a beta of 1.00.

About Fidelity Enhanced Large Cap Core ETF

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.