Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) Hits New 12-Month High – Here’s What Happened

Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) reached a new 52-week high during trading on Thursday . The company traded as high as $44.19 and last traded at $44.18, with a volume of 60846 shares changing hands. The stock had previously closed at $43.90.

Fidelity Enhanced Large Cap Core ETF Stock Down 0.0%

The business’s fifty day moving average is $42.29 and its two-hundred day moving average is $40.12. The stock has a market capitalization of $8.33 billion, a PE ratio of 24.29 and a beta of 1.00.

Hedge Funds Weigh In On Fidelity Enhanced Large Cap Core ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Royal Bank of Canada raised its position in shares of Fidelity Enhanced Large Cap Core ETF by 28,371.0% during the 1st quarter. Royal Bank of Canada now owns 256,239 shares of the company’s stock valued at $7,992,000 after buying an additional 255,339 shares in the last quarter. Jones Financial Companies Lllp grew its position in Fidelity Enhanced Large Cap Core ETF by 1,038.8% in the first quarter. Jones Financial Companies Lllp now owns 9,224 shares of the company’s stock worth $288,000 after acquiring an additional 8,414 shares in the last quarter. Goldman Sachs Group Inc. bought a new stake in Fidelity Enhanced Large Cap Core ETF during the first quarter worth approximately $72,976,000. Jane Street Group LLC increased its stake in Fidelity Enhanced Large Cap Core ETF by 206.1% during the first quarter. Jane Street Group LLC now owns 270,660 shares of the company’s stock worth $8,442,000 after acquiring an additional 182,226 shares during the last quarter. Finally, Cerity Partners LLC raised its position in Fidelity Enhanced Large Cap Core ETF by 5.3% during the second quarter. Cerity Partners LLC now owns 186,678 shares of the company’s stock valued at $6,438,000 after purchasing an additional 9,467 shares during the period.

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.