Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) Short Interest Up 93.3% in July

Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 235,872 shares, an increase of 93.3% from the July 15th total of 122,018 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 692,389 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On Fidelity Enhanced Large Cap Core ETF

Large investors have recently made changes to their positions in the company. Commonwealth Equity Services LLC lifted its holdings in Fidelity Enhanced Large Cap Core ETF by 17.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 3,329,851 shares of the company’s stock valued at $127,100,000 after purchasing an additional 489,073 shares during the last quarter. KFG Wealth Management LLC boosted its position in Fidelity Enhanced Large Cap Core ETF by 21.9% in the first quarter. KFG Wealth Management LLC now owns 3,304,054 shares of the company’s stock valued at $119,838,000 after buying an additional 593,389 shares in the last quarter. LPL Financial LLC grew its stake in Fidelity Enhanced Large Cap Core ETF by 12.8% during the fourth quarter. LPL Financial LLC now owns 2,653,482 shares of the company’s stock worth $101,283,000 after buying an additional 301,991 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in Fidelity Enhanced Large Cap Core ETF during the first quarter worth about $72,976,000. Finally, NewEdge Advisors LLC increased its holdings in shares of Fidelity Enhanced Large Cap Core ETF by 65.4% during the first quarter. NewEdge Advisors LLC now owns 1,893,097 shares of the company’s stock worth $68,663,000 after buying an additional 748,283 shares in the last quarter.

Fidelity Enhanced Large Cap Core ETF Stock Down 0.5%

NYSEARCA:FELC traded down $0.21 during trading hours on Monday, reaching $43.98. The company had a trading volume of 492,632 shares, compared to its average volume of 991,635. The stock has a 50-day moving average of $42.29 and a two-hundred day moving average of $40.14. Fidelity Enhanced Large Cap Core ETF has a one year low of $35.10 and a one year high of $44.36. The firm has a market capitalization of $8.29 billion, a PE ratio of 24.29 and a beta of 1.00.

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.