Envestnet Asset Management Inc. Boosts Stake in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC)

Envestnet Asset Management Inc. grew its stake in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) by 9.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 415,942 shares of the company’s stock after buying an additional 34,593 shares during the period. Envestnet Asset Management Inc. owned 0.31% of Fidelity Enhanced Large Cap Core ETF worth $12,973,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. FMR LLC grew its position in Fidelity Enhanced Large Cap Core ETF by 37.6% during the fourth quarter. FMR LLC now owns 39,187,804 shares of the company’s stock valued at $1,290,454,000 after buying an additional 10,715,354 shares during the period. Fragasso Financial Advisors Inc acquired a new stake in shares of Fidelity Enhanced Large Cap Core ETF in the first quarter valued at about $82,638,000. Salus Financial Advisors LLC acquired a new stake in shares of Fidelity Enhanced Large Cap Core ETF in the fourth quarter valued at about $29,249,000. LPL Financial LLC grew its position in shares of Fidelity Enhanced Large Cap Core ETF by 127.2% in the fourth quarter. LPL Financial LLC now owns 769,743 shares of the company’s stock valued at $25,348,000 after purchasing an additional 430,961 shares during the period. Finally, Mascoma Wealth Management LLC acquired a new stake in shares of Fidelity Enhanced Large Cap Core ETF in the first quarter valued at about $10,750,000.

Fidelity Enhanced Large Cap Core ETF Stock Down 0.0%

Shares of NYSEARCA FELC opened at $34.78 on Friday. The firm has a market cap of $4.73 billion, a price-to-earnings ratio of 24.29 and a beta of 0.88. Fidelity Enhanced Large Cap Core ETF has a 52-week low of $26.90 and a 52-week high of $34.88. The company’s 50-day simple moving average is $33.62 and its 200-day simple moving average is $32.57.

About Fidelity Enhanced Large Cap Core ETF

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.