228,101 Fidelity Enhanced Large Cap Core ETF $FELC Shares Bought by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. grew its stake in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) by 784.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 257,175 shares of the company’s stock after purchasing an additional 228,101 shares during the period. Fidelity Enhanced Large Cap Core ETF comprises approximately 0.7% of Summit Wealth Group LLC Co.’s investment portfolio, making the stock its 23rd largest holding. Summit Wealth Group LLC Co.’s holdings in Fidelity Enhanced Large Cap Core ETF were worth $11,141,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in FELC. Fragasso Financial Advisors Inc acquired a new position in Fidelity Enhanced Large Cap Core ETF in the 3rd quarter worth about $170,287,000. KFG Wealth Management LLC lifted its holdings in Fidelity Enhanced Large Cap Core ETF by 4.5% during the third quarter. KFG Wealth Management LLC now owns 3,642,184 shares of the company’s stock valued at $157,779,000 after purchasing an additional 157,236 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of Fidelity Enhanced Large Cap Core ETF by 96.1% in the second quarter. NewEdge Advisors LLC now owns 3,712,785 shares of the company’s stock valued at $155,603,000 after purchasing an additional 1,819,688 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Fidelity Enhanced Large Cap Core ETF by 3.8% in the second quarter. Envestnet Asset Management Inc. now owns 2,145,974 shares of the company’s stock valued at $89,938,000 after purchasing an additional 78,512 shares during the period. Finally, Citadel Advisors LLC grew its position in shares of Fidelity Enhanced Large Cap Core ETF by 1,986.2% in the second quarter. Citadel Advisors LLC now owns 2,121,806 shares of the company’s stock valued at $88,925,000 after purchasing an additional 2,020,098 shares during the period.

Fidelity Enhanced Large Cap Core ETF Stock Down 0.4%

FELC opened at $42.53 on Tuesday. The company has a market cap of $8.63 billion, a PE ratio of 21.76 and a beta of 1.01. Fidelity Enhanced Large Cap Core ETF has a twelve month low of $35.10 and a twelve month high of $44.36. The company has a 50-day moving average price of $43.56 and a 200 day moving average price of $41.01.

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.