Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) Sees Large Volume Increase – Here’s What Happened

Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) shares saw strong trading volume on Wednesday . 1,844,574 shares changed hands during mid-day trading, an increase of 69% from the previous session’s volume of 1,092,339 shares.The stock last traded at $38.3250 and had previously closed at $38.45.

Fidelity Enhanced Large Cap Core ETF Trading Down 0.7%

The stock has a market capitalization of $5.62 billion, a price-to-earnings ratio of 24.29 and a beta of 1.01. The business has a 50 day simple moving average of $37.91 and a 200-day simple moving average of $36.49.

Institutional Investors Weigh In On Fidelity Enhanced Large Cap Core ETF

Institutional investors have recently bought and sold shares of the stock. Ameriflex Group Inc. raised its stake in Fidelity Enhanced Large Cap Core ETF by 100.0% during the third quarter. Ameriflex Group Inc. now owns 686 shares of the company’s stock worth $26,000 after purchasing an additional 343 shares during the period. Archer Investment Corp acquired a new stake in shares of Fidelity Enhanced Large Cap Core ETF during the 3rd quarter worth $26,000. Goodman Advisory Group LLC purchased a new position in shares of Fidelity Enhanced Large Cap Core ETF in the 3rd quarter worth $42,000. Ameritas Advisory Services LLC purchased a new position in shares of Fidelity Enhanced Large Cap Core ETF in the 2nd quarter worth $39,000. Finally, Bank of Montreal Can boosted its holdings in Fidelity Enhanced Large Cap Core ETF by 32.6% in the second quarter. Bank of Montreal Can now owns 1,221 shares of the company’s stock valued at $42,000 after acquiring an additional 300 shares during the last quarter.

Fidelity Enhanced Large Cap Core ETF Company Profile

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.