Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) Reaches New 1-Year High – Here’s What Happened

Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) hit a new 52-week high during trading on Thursday . The stock traded as high as $39.88 and last traded at $39.81, with a volume of 334308 shares changing hands. The stock had previously closed at $39.68.

Fidelity Enhanced Large Cap Core ETF Price Performance

The stock has a market cap of $7.01 billion, a price-to-earnings ratio of 24.29 and a beta of 1.00. The business has a fifty day moving average of $37.88 and a 200 day moving average of $37.97.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Root Financial Partners LLC acquired a new stake in shares of Fidelity Enhanced Large Cap Core ETF in the 1st quarter valued at $25,000. Archer Investment Corp bought a new position in Fidelity Enhanced Large Cap Core ETF during the third quarter valued at about $26,000. Ameriflex Group Inc. lifted its position in shares of Fidelity Enhanced Large Cap Core ETF by 100.0% in the third quarter. Ameriflex Group Inc. now owns 686 shares of the company’s stock worth $26,000 after buying an additional 343 shares during the last quarter. Fifth Third Bancorp bought a new stake in shares of Fidelity Enhanced Large Cap Core ETF during the 4th quarter worth about $31,000. Finally, Rialto Wealth Management LLC bought a new stake in shares of Fidelity Enhanced Large Cap Core ETF during the 4th quarter worth about $32,000.

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.