Truist Financial Corp Acquires 8,639 Shares of Fidelity Enhanced Large Cap Core ETF $FELC

Truist Financial Corp grew its position in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) by 17.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 57,848 shares of the company’s stock after purchasing an additional 8,639 shares during the quarter. Truist Financial Corp’s holdings in Fidelity Enhanced Large Cap Core ETF were worth $1,995,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Commonwealth Equity Services LLC grew its holdings in shares of Fidelity Enhanced Large Cap Core ETF by 25.2% during the first quarter. Commonwealth Equity Services LLC now owns 3,497,740 shares of the company’s stock valued at $109,095,000 after buying an additional 703,058 shares during the last quarter. Fragasso Financial Advisors Inc boosted its holdings in Fidelity Enhanced Large Cap Core ETF by 24.4% in the second quarter. Fragasso Financial Advisors Inc now owns 3,295,512 shares of the company’s stock valued at $113,662,000 after purchasing an additional 645,996 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in Fidelity Enhanced Large Cap Core ETF in the first quarter valued at $72,976,000. KFG Wealth Management LLC boosted its holdings in Fidelity Enhanced Large Cap Core ETF by 9.2% in the second quarter. KFG Wealth Management LLC now owns 2,224,321 shares of the company’s stock valued at $76,717,000 after purchasing an additional 187,258 shares during the last quarter. Finally, EdgeRock Capital LLC purchased a new stake in Fidelity Enhanced Large Cap Core ETF in the second quarter valued at $65,146,000.

Fidelity Enhanced Large Cap Core ETF Stock Down 2.7%

FELC stock opened at $36.38 on Friday. The company’s 50-day simple moving average is $36.39 and its 200-day simple moving average is $33.86. Fidelity Enhanced Large Cap Core ETF has a 52-week low of $26.90 and a 52-week high of $37.56. The firm has a market cap of $5.28 billion, a P/E ratio of 24.29 and a beta of 0.88.

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.