Able Wealth Management LLC Decreases Position in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC)

Able Wealth Management LLC cut its stake in shares of Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) by 0.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 150,354 shares of the company’s stock after selling 656 shares during the quarter. Fidelity Enhanced Large Cap Core ETF accounts for about 3.7% of Able Wealth Management LLC’s holdings, making the stock its 8th biggest holding. Able Wealth Management LLC owned approximately 0.17% of Fidelity Enhanced Large Cap Core ETF worth $4,825,000 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. Financial Partners Group Inc lifted its holdings in shares of Fidelity Enhanced Large Cap Core ETF by 223.9% during the 3rd quarter. Financial Partners Group Inc now owns 138,717 shares of the company’s stock worth $4,451,000 after acquiring an additional 95,886 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in Fidelity Enhanced Large Cap Core ETF by 7,662.0% during the third quarter. Farther Finance Advisors LLC now owns 6,132 shares of the company’s stock worth $197,000 after purchasing an additional 6,053 shares during the last quarter. Strategic Wealth Investment Group LLC purchased a new position in shares of Fidelity Enhanced Large Cap Core ETF in the 3rd quarter worth about $245,000. J.W. Cole Advisors Inc. purchased a new position in shares of Fidelity Enhanced Large Cap Core ETF in the 3rd quarter worth about $220,000. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of Fidelity Enhanced Large Cap Core ETF by 16.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 12,291 shares of the company’s stock valued at $394,000 after buying an additional 1,726 shares in the last quarter.

Fidelity Enhanced Large Cap Core ETF Price Performance

NYSEARCA:FELC opened at $33.67 on Friday. Fidelity Enhanced Large Cap Core ETF has a 1-year low of $24.81 and a 1-year high of $33.72. The business has a 50 day moving average of $31.99 and a 200 day moving average of $30.80. The company has a market capitalization of $2.93 billion, a price-to-earnings ratio of 23.72 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.