Short Interest in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) Declines By 64.5%

Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 28,100 shares, a decline of 64.5% from the August 15th total of 79,200 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 944,800 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 944,800 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Fidelity Enhanced Large Cap Core ETF Stock Down 0.0%

Shares of NYSEARCA:FELC opened at $36.77 on Friday. The firm has a fifty day moving average of $35.46 and a two-hundred day moving average of $33.14. The firm has a market capitalization of $5.07 billion, a P/E ratio of 24.29 and a beta of 0.88. Fidelity Enhanced Large Cap Core ETF has a 12-month low of $26.90 and a 12-month high of $36.85.

Institutional Trading of Fidelity Enhanced Large Cap Core ETF

Institutional investors have recently made changes to their positions in the business. Commonwealth Equity Services LLC grew its stake in shares of Fidelity Enhanced Large Cap Core ETF by 1.1% in the second quarter. Commonwealth Equity Services LLC now owns 3,537,702 shares of the company’s stock worth $122,015,000 after purchasing an additional 39,962 shares during the last quarter. Fragasso Financial Advisors Inc raised its position in Fidelity Enhanced Large Cap Core ETF by 24.4% in the 2nd quarter. Fragasso Financial Advisors Inc now owns 3,295,512 shares of the company’s stock valued at $113,662,000 after buying an additional 645,996 shares during the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of Fidelity Enhanced Large Cap Core ETF in the 1st quarter worth approximately $72,976,000. KFG Wealth Management LLC grew its position in Fidelity Enhanced Large Cap Core ETF by 9.2% during the second quarter. KFG Wealth Management LLC now owns 2,224,321 shares of the company’s stock valued at $76,717,000 after buying an additional 187,258 shares during the period. Finally, EdgeRock Capital LLC bought a new position in Fidelity Enhanced Large Cap Core ETF during the second quarter valued at $65,146,000.

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.