Raymond James & Associates Takes Position in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC)

Raymond James & Associates acquired a new stake in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 118,510 shares of the company’s stock, valued at approximately $3,626,000.

Several other hedge funds also recently added to or reduced their stakes in FELC. Wealth Enhancement Advisory Services LLC raised its holdings in Fidelity Enhanced Large Cap Core ETF by 5.8% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 10,565 shares of the company’s stock valued at $323,000 after buying an additional 578 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in Fidelity Enhanced Large Cap Core ETF by 0.8% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 81,475 shares of the company’s stock worth $2,404,000 after buying an additional 629 shares during the period. Valeo Financial Advisors LLC increased its position in shares of Fidelity Enhanced Large Cap Core ETF by 6.1% during the second quarter. Valeo Financial Advisors LLC now owns 16,481 shares of the company’s stock valued at $504,000 after acquiring an additional 953 shares during the last quarter. Principal Securities Inc. purchased a new stake in shares of Fidelity Enhanced Large Cap Core ETF in the 4th quarter valued at approximately $26,000. Finally, Signature Resources Capital Management LLC acquired a new position in shares of Fidelity Enhanced Large Cap Core ETF in the 4th quarter worth approximately $29,000.

Fidelity Enhanced Large Cap Core ETF Stock Performance

Fidelity Enhanced Large Cap Core ETF stock opened at $31.56 on Friday. The company has a market capitalization of $2.75 billion, a PE ratio of 23.72 and a beta of 0.88. Fidelity Enhanced Large Cap Core ETF has a fifty-two week low of $24.81 and a fifty-two week high of $31.72. The firm has a 50 day moving average price of $30.77 and a 200 day moving average price of $29.69.

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.