Envestnet Asset Management Inc. Grows Holdings in Fidelity Fundamental Large Cap Core ETF (BATS:FFLC)

Envestnet Asset Management Inc. boosted its holdings in Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) by 130.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 315,301 shares of the company’s stock after purchasing an additional 178,439 shares during the quarter. Envestnet Asset Management Inc. owned about 1.99% of Fidelity Fundamental Large Cap Core ETF worth $13,716,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Novem Group acquired a new position in Fidelity Fundamental Large Cap Core ETF in the 4th quarter valued at $21,685,000. LPL Financial LLC increased its stake in Fidelity Fundamental Large Cap Core ETF by 105.6% in the 4th quarter. LPL Financial LLC now owns 540,106 shares of the company’s stock valued at $24,785,000 after buying an additional 277,412 shares during the period. Onyx Bridge Wealth Group LLC acquired a new position in Fidelity Fundamental Large Cap Core ETF in the 1st quarter valued at $6,641,000. Socha Financial Group LLC increased its stake in Fidelity Fundamental Large Cap Core ETF by 13.4% in the 1st quarter. Socha Financial Group LLC now owns 1,176,519 shares of the company’s stock valued at $51,179,000 after buying an additional 138,992 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in Fidelity Fundamental Large Cap Core ETF in the 1st quarter valued at $5,907,000.

Fidelity Fundamental Large Cap Core ETF Stock Up 5.8%

Shares of FFLC opened at $49.58 on Friday. The company has a 50-day simple moving average of $47.44 and a 200-day simple moving average of $45.70. The company has a market capitalization of $783.29 million, a PE ratio of 24.24 and a beta of 0.94. Fidelity Fundamental Large Cap Core ETF has a 52-week low of $37.32 and a 52-week high of $49.78.

About Fidelity Fundamental Large Cap Core ETF

The Fidelity Fundamental Large Cap Core ETF (FFLC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed core portfolio of large-cap stocks from US and foreign issuers. Stocks are selected based on fundamental factors. FFLC was launched on Jun 3, 2020 and is issued by Fidelity.