EdgeRock Capital LLC Boosts Position in Fidelity Enhanced Large Cap Core ETF $FELC

EdgeRock Capital LLC grew its stake in shares of Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) by 1.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,966,767 shares of the company’s stock after buying an additional 27,562 shares during the period. Fidelity Enhanced Large Cap Core ETF accounts for 20.0% of EdgeRock Capital LLC’s portfolio, making the stock its biggest holding. EdgeRock Capital LLC owned 1.22% of Fidelity Enhanced Large Cap Core ETF worth $75,081,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in FELC. Signal Advisors Wealth LLC raised its stake in Fidelity Enhanced Large Cap Core ETF by 6.1% during the 4th quarter. Signal Advisors Wealth LLC now owns 51,041 shares of the company’s stock worth $1,948,000 after acquiring an additional 2,957 shares during the period. Sax Wealth Advisors LLC boosted its position in shares of Fidelity Enhanced Large Cap Core ETF by 24.2% in the fourth quarter. Sax Wealth Advisors LLC now owns 105,951 shares of the company’s stock worth $4,044,000 after purchasing an additional 20,656 shares during the period. Rialto Wealth Management LLC bought a new position in shares of Fidelity Enhanced Large Cap Core ETF in the fourth quarter worth approximately $32,000. Silverlake Wealth Management LLC increased its stake in shares of Fidelity Enhanced Large Cap Core ETF by 2.1% in the fourth quarter. Silverlake Wealth Management LLC now owns 80,399 shares of the company’s stock worth $3,069,000 after purchasing an additional 1,618 shares in the last quarter. Finally, Fragasso Financial Advisors Inc increased its stake in shares of Fidelity Enhanced Large Cap Core ETF by 4.6% in the fourth quarter. Fragasso Financial Advisors Inc now owns 3,606,912 shares of the company’s stock worth $137,676,000 after purchasing an additional 157,975 shares in the last quarter.

Fidelity Enhanced Large Cap Core ETF Price Performance

Shares of FELC stock opened at $35.37 on Friday. Fidelity Enhanced Large Cap Core ETF has a one year low of $26.90 and a one year high of $38.95. The company’s fifty day moving average price is $37.88 and its 200-day moving average price is $37.76. The company has a market capitalization of $5.93 billion, a price-to-earnings ratio of 24.29 and a beta of 1.01.

Fidelity Enhanced Large Cap Core ETF 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.