Sax Wealth Advisors LLC Takes Position in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC)

Sax Wealth Advisors LLC bought a new stake in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 43,497 shares of the company’s stock, valued at approximately $1,432,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Mayfair Advisory Group LLC increased its stake in shares of Fidelity Enhanced Large Cap Core ETF by 40.1% in the 4th quarter. Mayfair Advisory Group LLC now owns 14,017 shares of the company’s stock valued at $462,000 after purchasing an additional 4,011 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Fidelity Enhanced Large Cap Core ETF by 17,256.1% in the third quarter. JPMorgan Chase & Co. now owns 512,004 shares of the company’s stock valued at $16,430,000 after purchasing an additional 509,054 shares during the period. MML Investors Services LLC increased its position in shares of Fidelity Enhanced Large Cap Core ETF by 16.0% in the third quarter. MML Investors Services LLC now owns 93,089 shares of the company’s stock valued at $2,987,000 after buying an additional 12,858 shares in the last quarter. HighTower Advisors LLC raised its stake in shares of Fidelity Enhanced Large Cap Core ETF by 65.2% during the 3rd quarter. HighTower Advisors LLC now owns 29,843 shares of the company’s stock worth $959,000 after buying an additional 11,775 shares during the period. Finally, D.A. Davidson & CO. purchased a new position in shares of Fidelity Enhanced Large Cap Core ETF during the 3rd quarter valued at approximately $257,000.

Fidelity Enhanced Large Cap Core ETF Stock Performance

Shares of NYSEARCA FELC opened at $33.58 on Friday. The firm has a fifty day moving average of $33.46 and a 200 day moving average of $32.14. The firm has a market cap of $2.93 billion, a PE ratio of 23.72 and a beta of 0.88. Fidelity Enhanced Large Cap Core ETF has a one year low of $26.51 and a one year high of $34.29.

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.