Financial Perspectives Inc Buys Shares of 5,057 Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC)

Financial Perspectives Inc bought a new stake in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 5,057 shares of the company’s stock, valued at approximately $134,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CWM LLC purchased a new position in Fidelity Enhanced Large Cap Core ETF in the 4th quarter valued at about $115,000. Cambridge Trust Co. purchased a new position in Fidelity Enhanced Large Cap Core ETF in the 4th quarter valued at about $95,000. SVB Wealth LLC purchased a new position in Fidelity Enhanced Large Cap Core ETF in the 4th quarter valued at about $760,000. Capital Analysts LLC purchased a new position in Fidelity Enhanced Large Cap Core ETF in the 4th quarter valued at about $135,000. Finally, Valeo Financial Advisors LLC purchased a new position in Fidelity Enhanced Large Cap Core ETF in the 4th quarter valued at about $413,000.

Fidelity Enhanced Large Cap Core ETF Trading Up 1.1 %

NYSEARCA:FELC traded up $0.31 on Tuesday, reaching $28.53. The stock had a trading volume of 1,368,853 shares, compared to its average volume of 390,525. The stock has a market cap of $2.42 billion, a P/E ratio of 24.02 and a beta of 0.81. The stock’s fifty day simple moving average is $28.79. Fidelity Enhanced Large Cap Core ETF has a 12-month low of $24.81 and a 12-month high of $29.60.

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.