KFG Wealth Management LLC Increases Position in Fidelity Enhanced Large Cap Core ETF $FELC

KFG Wealth Management LLC boosted its position in shares of Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) by 21.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,304,054 shares of the company’s stock after acquiring an additional 593,389 shares during the period. Fidelity Enhanced Large Cap Core ETF accounts for 15.5% of KFG Wealth Management LLC’s investment portfolio, making the stock its biggest holding. KFG Wealth Management LLC owned approximately 1.91% of Fidelity Enhanced Large Cap Core ETF worth $119,838,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Ameriflex Group Inc. increased its stake 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 purchasing an additional 343 shares during the period. Fifth Third Bancorp bought a new stake in Fidelity Enhanced Large Cap Core ETF during the 4th quarter valued at approximately $31,000. Rialto Wealth Management LLC bought a new stake in Fidelity Enhanced Large Cap Core ETF during the 4th quarter valued at approximately $32,000. Halbert Hargrove Global Advisors LLC acquired a new stake in Fidelity Enhanced Large Cap Core ETF in the 4th quarter valued at approximately $34,000. Finally, Litman Gregory Wealth Management LLC acquired a new stake in Fidelity Enhanced Large Cap Core ETF in the 4th quarter valued at approximately $36,000.

Fidelity Enhanced Large Cap Core ETF Stock Down 0.1%

Shares of NYSEARCA FELC opened at $41.24 on Thursday. The business’s 50 day moving average is $41.07 and its two-hundred day moving average is $39.04. The company has a market cap of $7.19 billion, a P/E ratio of 24.29 and a beta of 1.01. Fidelity Enhanced Large Cap Core ETF has a 12 month low of $33.76 and a 12 month high of $42.66.

Fidelity Enhanced Large Cap Core ETF 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.