Beaumont Financial Advisors LLC Makes New $19.64 Million Investment in Fidelity Enhanced Large Cap Core ETF $FELC

Beaumont Financial Advisors LLC purchased a new stake in shares of Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) during the third quarter, Holdings Channel.com reports. The fund purchased 453,294 shares of the company’s stock, valued at approximately $19,637,000. Fidelity Enhanced Large Cap Core ETF makes up about 1.2% of Beaumont Financial Advisors LLC’s investment portfolio, making the stock its 23rd biggest holding.

Several other large investors have also recently made changes to their positions in FELC. Sequoia Financial Advisors LLC lifted its position in shares of Fidelity Enhanced Large Cap Core ETF by 3.6% during the first quarter. Sequoia Financial Advisors LLC now owns 7,351 shares of the company’s stock worth $267,000 after purchasing an additional 258 shares during the last quarter. Assetmark Inc. lifted its position in Fidelity Enhanced Large Cap Core ETF by 10.5% during the first quarter. Assetmark Inc. now owns 3,035 shares of the company’s stock worth $110,000 after buying an additional 289 shares during the period. Apella Capital LLC increased its holdings in Fidelity Enhanced Large Cap Core ETF by 4.0% in the 3rd quarter. Apella Capital LLC now owns 11,345 shares of the company’s stock valued at $500,000 after purchasing an additional 441 shares in the last quarter. IFP Advisors Inc increased its holdings in Fidelity Enhanced Large Cap Core ETF by 42.3% in the third quarter. IFP Advisors Inc now owns 1,618 shares of the company’s stock valued at $70,000 after buying an additional 481 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in shares of Fidelity Enhanced Large Cap Core ETF by 20.0% during the first quarter. PNC Financial Services Group Inc. now owns 2,987 shares of the company’s stock valued at $108,000 after acquiring an additional 498 shares during the period.

Fidelity Enhanced Large Cap Core ETF Stock Down 0.6%

Shares of NYSEARCA FELC opened at $42.98 on Friday. The business has a fifty day simple moving average of $43.62 and a 200-day simple moving average of $42.20. Fidelity Enhanced Large Cap Core ETF has a 12 month low of $35.10 and a 12 month high of $44.36. The company has a market cap of $8.67 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.