100,555 Shares in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) Acquired by KPP Advisory Services LLC

KPP Advisory Services LLC bought a new position in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) during the 3rd quarter, Holdings Channel.com reports. The fund bought 100,555 shares of the company’s stock, valued at approximately $3,227,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FELC. Commonwealth Equity Services LLC lifted its position in shares of Fidelity Enhanced Large Cap Core ETF by 29.2% in the third quarter. Commonwealth Equity Services LLC now owns 1,487,960 shares of the company’s stock worth $47,749,000 after buying an additional 335,915 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Fidelity Enhanced Large Cap Core ETF by 931.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 593,218 shares of the company’s stock worth $18,152,000 after acquiring an additional 535,679 shares during the last quarter. Raymond James & Associates grew its stake in shares of Fidelity Enhanced Large Cap Core ETF by 188.3% during the third quarter. Raymond James & Associates now owns 341,702 shares of the company’s stock valued at $10,965,000 after buying an additional 223,192 shares during the last quarter. Financial Partners Group Inc increased its stake in Fidelity Enhanced Large Cap Core ETF by 223.9% in the third quarter. Financial Partners Group Inc now owns 138,717 shares of the company’s stock worth $4,451,000 after purchasing an additional 95,886 shares during the period. Finally, Renaissance Technologies LLC bought a new stake in Fidelity Enhanced Large Cap Core ETF during the 2nd quarter valued at about $3,464,000.

Fidelity Enhanced Large Cap Core ETF Price Performance

Shares of FELC stock traded down $0.52 during mid-day trading on Friday, hitting $32.86. The stock had a trading volume of 720,414 shares, compared to its average volume of 523,436. The firm has a market capitalization of $2.86 billion, a P/E ratio of 23.72 and a beta of 0.88. The firm’s 50-day moving average is $32.19 and its two-hundred day moving average is $30.94. Fidelity Enhanced Large Cap Core ETF has a 12-month low of $24.81 and a 12-month high of $33.78.

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.