Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) Sees Large Volume Increase – Time to Buy?

Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELCGet Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 4,732,054 shares traded hands during mid-day trading, an increase of 343% from the previous session’s volume of 1,067,591 shares.The stock last traded at $41.90 and had previously closed at $41.59.

Fidelity Enhanced Large Cap Core ETF Trading Down 0.4%

The firm has a market cap of $7.82 billion, a price-to-earnings ratio of 24.29 and a beta of 1.00. The company’s 50-day moving average is $41.30 and its 200-day moving average is $39.15.

Institutional Investors Weigh In On Fidelity Enhanced Large Cap Core ETF

A number of large investors have recently modified their holdings of FELC. Goldman Sachs Group Inc. acquired a new position in shares of Fidelity Enhanced Large Cap Core ETF during the 1st quarter worth $72,976,000. SHP Wealth Management acquired a new stake in Fidelity Enhanced Large Cap Core ETF in the fourth quarter valued at about $58,241,000. Jane Street Group LLC grew its position in Fidelity Enhanced Large Cap Core ETF by 406.3% in the second quarter. Jane Street Group LLC now owns 1,370,421 shares of the company’s stock valued at $47,266,000 after acquiring an additional 1,099,761 shares during the last quarter. CWM LLC grew its position in Fidelity Enhanced Large Cap Core ETF by 332.8% in the fourth quarter. CWM LLC now owns 1,396,617 shares of the company’s stock valued at $53,309,000 after acquiring an additional 1,073,930 shares during the last quarter. Finally, Two Sigma Investments LP acquired a new position in Fidelity Enhanced Large Cap Core ETF during the third quarter worth about $35,380,000.

About Fidelity Enhanced Large Cap Core ETF

(Get Free Report)

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.

Further Reading

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