Fragasso Financial Advisors Inc Buys 153,425 Shares of Fidelity Enhanced Large Cap Core ETF $FELC

Fragasso Financial Advisors Inc grew its position in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) by 4.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,448,937 shares of the company’s stock after purchasing an additional 153,425 shares during the quarter. Fidelity Enhanced Large Cap Core ETF makes up approximately 8.0% of Fragasso Financial Advisors Inc’s portfolio, making the stock its 2nd largest holding. Fragasso Financial Advisors Inc owned 2.39% of Fidelity Enhanced Large Cap Core ETF worth $128,887,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Bank of Montreal Can grew its stake in Fidelity Enhanced Large Cap Core ETF by 32.6% in the 2nd quarter. Bank of Montreal Can now owns 1,221 shares of the company’s stock valued at $42,000 after buying an additional 300 shares during the last quarter. Wealthstar Advisors LLC boosted its holdings in Fidelity Enhanced Large Cap Core ETF by 4.8% during the second quarter. Wealthstar Advisors LLC now owns 6,852 shares of the company’s stock valued at $236,000 after acquiring an additional 316 shares during the period. Spire Wealth Management grew its position in shares of Fidelity Enhanced Large Cap Core ETF by 4.4% in the second quarter. Spire Wealth Management now owns 8,665 shares of the company’s stock valued at $299,000 after purchasing an additional 368 shares during the last quarter. Creative Planning increased its stake in shares of Fidelity Enhanced Large Cap Core ETF by 2.7% in the second quarter. Creative Planning now owns 17,690 shares of the company’s stock worth $610,000 after purchasing an additional 459 shares during the period. Finally, Mayfair Advisory Group LLC increased its stake in shares of Fidelity Enhanced Large Cap Core ETF by 2.1% in the second quarter. Mayfair Advisory Group LLC now owns 22,636 shares of the company’s stock worth $803,000 after purchasing an additional 473 shares during the period.

Fidelity Enhanced Large Cap Core ETF Stock Performance

NYSEARCA FELC opened at $37.95 on Wednesday. The stock has a 50-day simple moving average of $37.63 and a 200 day simple moving average of $36.12. Fidelity Enhanced Large Cap Core ETF has a twelve month low of $26.90 and a twelve month high of $38.50. The stock has a market capitalization of $5.59 billion, a PE ratio of 24.29 and a beta of 1.01.

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.