NewEdge Advisors LLC Has $61.28 Million Stake in Fidelity Enhanced Large Cap Core ETF $FELC

NewEdge Advisors LLC lifted its stake in shares of Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) by 47.6% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,689,498 shares of the company’s stock after acquiring an additional 544,684 shares during the period. Fidelity Enhanced Large Cap Core ETF accounts for about 1.2% of NewEdge Advisors LLC’s portfolio, making the stock its 13th largest position. NewEdge Advisors LLC’s holdings in Fidelity Enhanced Large Cap Core ETF were worth $61,278,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of FELC. Royal Bank of Canada grew its stake in shares of Fidelity Enhanced Large Cap Core ETF by 28,371.0% in the 1st quarter. Royal Bank of Canada now owns 256,239 shares of the company’s stock valued at $7,992,000 after buying an additional 255,339 shares during the period. Jones Financial Companies Lllp raised its stake in Fidelity Enhanced Large Cap Core ETF by 1,038.8% during the 1st quarter. Jones Financial Companies Lllp now owns 9,224 shares of the company’s stock worth $288,000 after buying an additional 8,414 shares during the period. Goldman Sachs Group Inc. bought a new position in Fidelity Enhanced Large Cap Core ETF in the first quarter worth approximately $72,976,000. Jane Street Group LLC boosted its holdings in Fidelity Enhanced Large Cap Core ETF by 206.1% in the first quarter. Jane Street Group LLC now owns 270,660 shares of the company’s stock worth $8,442,000 after acquiring an additional 182,226 shares in the last quarter. Finally, Cerity Partners LLC grew its stake in Fidelity Enhanced Large Cap Core ETF by 5.3% in the second quarter. Cerity Partners LLC now owns 186,678 shares of the company’s stock valued at $6,438,000 after acquiring an additional 9,467 shares during the period.

Fidelity Enhanced Large Cap Core ETF Trading Down 1.4%

FELC opened at $41.51 on Thursday. Fidelity Enhanced Large Cap Core ETF has a 1-year low of $34.31 and a 1-year high of $42.70. The company has a market cap of $7.82 billion, a price-to-earnings ratio of 24.29 and a beta of 1.00. The company’s fifty day moving average price is $41.92 and its two-hundred day moving average price is $39.69.

Fidelity Enhanced Large Cap Core ETF 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.