Prasad Wealth Partners LLC Invests $13.26 Million in Fidelity Fundamental Large Cap Core ETF $FFLC

Prasad Wealth Partners LLC bought a new stake in Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 271,431 shares of the company’s stock, valued at approximately $13,262,000. Fidelity Fundamental Large Cap Core ETF makes up approximately 3.9% of Prasad Wealth Partners LLC’s investment portfolio, making the stock its 7th biggest position.

A number of other large investors have also modified their holdings of the company. CWM LLC raised its stake in shares of Fidelity Fundamental Large Cap Core ETF by 12.6% in the first quarter. CWM LLC now owns 2,933 shares of the company’s stock valued at $128,000 after purchasing an additional 329 shares in the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of Fidelity Fundamental Large Cap Core ETF by 10.7% in the first quarter. Integrated Wealth Concepts LLC now owns 8,330 shares of the company’s stock valued at $362,000 after purchasing an additional 804 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in shares of Fidelity Fundamental Large Cap Core ETF by 20.7% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 7,974 shares of the company’s stock valued at $347,000 after purchasing an additional 1,368 shares in the last quarter. PNC Financial Services Group Inc. acquired a new position in shares of Fidelity Fundamental Large Cap Core ETF in the first quarter valued at $66,000. Finally, Elm3 Financial Group LLC raised its stake in shares of Fidelity Fundamental Large Cap Core ETF by 25.2% in the first quarter. Elm3 Financial Group LLC now owns 8,557 shares of the company’s stock valued at $372,000 after purchasing an additional 1,720 shares in the last quarter.

Fidelity Fundamental Large Cap Core ETF Price Performance

Shares of BATS:FFLC opened at $52.36 on Tuesday. The business’s fifty day moving average price is $51.09 and its two-hundred day moving average price is $47.54. Fidelity Fundamental Large Cap Core ETF has a fifty-two week low of $37.32 and a fifty-two week high of $50.38. The stock has a market capitalization of $827.29 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.