Envestnet Asset Management Inc. Sells 15,978 Shares of Fidelity Fundamental Large Cap Core ETF $FFLC

Envestnet Asset Management Inc. cut its holdings in Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) by 4.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 320,233 shares of the company’s stock after selling 15,978 shares during the quarter. Envestnet Asset Management Inc. owned approximately 2.03% of Fidelity Fundamental Large Cap Core ETF worth $16,665,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. PNC Financial Services Group Inc. raised its holdings in shares of Fidelity Fundamental Large Cap Core ETF by 19.9% during the second quarter. PNC Financial Services Group Inc. now owns 1,810 shares of the company’s stock valued at $88,000 after acquiring an additional 300 shares in the last quarter. CWM LLC increased its position in Fidelity Fundamental Large Cap Core ETF by 14.4% during the 2nd quarter. CWM LLC now owns 3,354 shares of the company’s stock valued at $164,000 after purchasing an additional 421 shares during the period. Triad Wealth Partners LLC purchased a new position in Fidelity Fundamental Large Cap Core ETF during the 3rd quarter valued at $211,000. Atlas Private Wealth Advisors bought a new position in Fidelity Fundamental Large Cap Core ETF in the 3rd quarter worth $357,000. Finally, Integrated Wealth Concepts LLC lifted its position in shares of Fidelity Fundamental Large Cap Core ETF by 10.7% in the 1st quarter. Integrated Wealth Concepts LLC now owns 8,330 shares of the company’s stock worth $362,000 after purchasing an additional 804 shares during the period.

Fidelity Fundamental Large Cap Core ETF Stock Performance

Fidelity Fundamental Large Cap Core ETF stock opened at $54.25 on Monday. Fidelity Fundamental Large Cap Core ETF has a fifty-two week low of $37.32 and a fifty-two week high of $55.46. The stock’s 50 day simple moving average is $54.04 and its two-hundred day simple moving average is $52.56. The stock has a market cap of $857.15 million, a price-to-earnings ratio of 24.24 and a beta of 0.94.

Fidelity Fundamental Large Cap Core ETF Company Profile

The Fidelity Fundamental Large Cap Core ETF (FFLC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed core portfolio of large-cap stocks from US and foreign issuers. Stocks are selected based on fundamental factors. FFLC was launched on Jun 3, 2020 and is issued by Fidelity.