Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) Sees Large Volume Increase – Time to Buy?

Shares of Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELCGet Free Report) saw unusually-high trading volume on Wednesday . Approximately 1,775,782 shares changed hands during mid-day trading, an increase of 126% from the previous session’s volume of 785,619 shares.The stock last traded at $37.8410 and had previously closed at $37.61.

Fidelity Enhanced Large Cap Core ETF Stock Up 0.0%

The company has a market capitalization of $6.22 billion, a price-to-earnings ratio of 24.29 and a beta of 1.01. The company’s 50 day simple moving average is $38.09 and its two-hundred day simple moving average is $36.98.

Institutional Investors Weigh In On Fidelity Enhanced Large Cap Core ETF

A number of large investors have recently made changes to their positions in FELC. Ameriflex Group Inc. increased its holdings in shares of Fidelity Enhanced Large Cap Core ETF by 100.0% in the third quarter. Ameriflex Group Inc. now owns 686 shares of the company’s stock valued at $26,000 after purchasing an additional 343 shares during the period. Archer Investment Corp acquired a new position in shares of Fidelity Enhanced Large Cap Core ETF in the 3rd quarter valued at about $26,000. Rialto Wealth Management LLC acquired a new stake in shares of Fidelity Enhanced Large Cap Core ETF during the 4th quarter worth approximately $32,000. Halbert Hargrove Global Advisors LLC acquired a new stake in Fidelity Enhanced Large Cap Core ETF during the fourth quarter valued at $34,000. Finally, Goodman Advisory Group LLC purchased a new position in shares of Fidelity Enhanced Large Cap Core ETF in the 3rd quarter valued at about $42,000.

About Fidelity Enhanced Large Cap Core ETF

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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.

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