1,525,842 Shares in Fidelity Enhanced Large Cap Core ETF $FELC Acquired by SHP Wealth Management

SHP Wealth Management bought a new stake in shares of Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,525,842 shares of the company’s stock, valued at approximately $58,241,000. Fidelity Enhanced Large Cap Core ETF makes up approximately 4.5% of SHP Wealth Management’s investment portfolio, making the stock its 6th largest position. SHP Wealth Management owned about 0.91% of Fidelity Enhanced Large Cap Core ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Ameriflex Group Inc. raised its holdings 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 valued at $26,000 after acquiring an additional 343 shares in the last quarter. Fifth Third Bancorp purchased a new position in Fidelity Enhanced Large Cap Core ETF during the 4th quarter valued at about $31,000. Rialto Wealth Management LLC purchased a new position in Fidelity Enhanced Large Cap Core ETF during the 4th quarter valued at about $32,000. Halbert Hargrove Global Advisors LLC purchased a new position in Fidelity Enhanced Large Cap Core ETF during the 4th quarter valued at about $34,000. Finally, Litman Gregory Wealth Management LLC bought a new stake in shares of Fidelity Enhanced Large Cap Core ETF in the 4th quarter valued at about $36,000.

Fidelity Enhanced Large Cap Core ETF Stock Performance

Shares of FELC opened at $41.95 on Friday. The company has a 50 day moving average price of $40.87 and a 200-day moving average price of $38.96. Fidelity Enhanced Large Cap Core ETF has a fifty-two week low of $32.97 and a fifty-two week high of $42.66. The stock has a market capitalization of $7.32 billion, a PE ratio of 24.29 and a beta of 1.01.

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.