Short Interest in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) Drops By 92.3%

Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 80,822 shares, a drop of 92.3% from the May 31st total of 1,052,706 shares. Based on an average daily trading volume, of 1,119,190 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Fidelity Enhanced Large Cap Core ETF

Institutional investors have recently bought and sold shares of the stock. NewEdge Advisors LLC increased its position in Fidelity Enhanced Large Cap Core ETF by 65.4% during the first quarter. NewEdge Advisors LLC now owns 1,893,097 shares of the company’s stock worth $68,663,000 after purchasing an additional 748,283 shares during the last quarter. Maripau Wealth Management LLC boosted its holdings in shares of Fidelity Enhanced Large Cap Core ETF by 3.9% in the 1st quarter. Maripau Wealth Management LLC now owns 52,456 shares of the company’s stock valued at $1,903,000 after purchasing an additional 1,971 shares during the last quarter. Western Wealth Management LLC acquired a new position in shares of Fidelity Enhanced Large Cap Core ETF in the 1st quarter valued at $95,000. Bank of America Corp DE boosted its holdings in shares of Fidelity Enhanced Large Cap Core ETF by 3.3% in the 1st quarter. Bank of America Corp DE now owns 399,974 shares of the company’s stock valued at $14,507,000 after purchasing an additional 12,937 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Fidelity Enhanced Large Cap Core ETF by 1,173.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 904 shares of the company’s stock valued at $33,000 after buying an additional 833 shares during the period.

Fidelity Enhanced Large Cap Core ETF Trading Down 0.1%

FELC traded down $0.04 during midday trading on Thursday, hitting $41.20. The company’s stock had a trading volume of 820,355 shares, compared to its average volume of 1,045,470. Fidelity Enhanced Large Cap Core ETF has a 52-week low of $33.89 and a 52-week high of $42.66. The firm has a 50-day moving average price of $41.12 and a two-hundred day moving average price of $39.06. The firm has a market cap of $7.19 billion, a P/E ratio of 24.29 and a beta of 1.01.

Fidelity Enhanced Large Cap Core ETF Company Profile

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.