Flagship Wealth Advisors LLC Has $4.41 Million Stake in Fidelity Enhanced Large Cap Core ETF $FELC

Flagship Wealth Advisors LLC lowered its holdings in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) by 47.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 127,721 shares of the company’s stock after selling 114,650 shares during the period. Fidelity Enhanced Large Cap Core ETF comprises about 1.8% of Flagship Wealth Advisors LLC’s portfolio, making the stock its 16th largest holding. Flagship Wealth Advisors LLC’s holdings in Fidelity Enhanced Large Cap Core ETF were worth $4,405,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC lifted its position 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 worth $127,100,000 after buying an additional 489,073 shares in the last quarter. KFG Wealth Management LLC increased its position in shares of 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 acquiring an additional 593,389 shares during the last quarter. LPL Financial LLC increased its position in shares of Fidelity Enhanced Large Cap Core ETF by 12.8% in the fourth quarter. LPL Financial LLC now owns 2,653,482 shares of the company’s stock valued at $101,283,000 after acquiring 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, HighTower Advisors LLC raised its holdings in Fidelity Enhanced Large Cap Core ETF by 12.6% during the fourth quarter. HighTower Advisors LLC now owns 1,709,182 shares of the company’s stock worth $65,239,000 after acquiring an additional 191,407 shares in the last quarter.

Fidelity Enhanced Large Cap Core ETF Stock Performance

Shares of NYSEARCA FELC opened at $42.57 on Friday. The stock has a 50 day moving average price of $41.95 and a 200 day moving average price of $39.74. The stock has a market capitalization of $8.02 billion, a PE ratio of 24.29 and a beta of 1.00. Fidelity Enhanced Large Cap Core ETF has a 52 week low of $34.31 and a 52 week high of $42.70.

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.