Valley National Advisers Inc. Acquires New Shares in Fidelity Enhanced Large Cap Core ETF $FELC

Valley National Advisers Inc. bought a new position in shares of Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 739,584 shares of the company’s stock, valued at approximately $32,039,000. Fidelity Enhanced Large Cap Core ETF accounts for about 3.5% of Valley National Advisers Inc.’s investment portfolio, making the stock its 4th biggest position.

Other large investors also recently modified their holdings of the company. Signaturefd LLC bought a new stake in Fidelity Enhanced Large Cap Core ETF during the 3rd quarter valued at $286,000. Sowell Financial Services LLC acquired a new position in Fidelity Enhanced Large Cap Core ETF during the third quarter worth $1,922,000. Capital Investment Advisors LLC bought a new position in shares of Fidelity Enhanced Large Cap Core ETF in the third quarter valued at $233,000. Beaumont Financial Advisors LLC bought a new position in shares of Fidelity Enhanced Large Cap Core ETF in the third quarter valued at $19,637,000. Finally, Monetary Solutions Ltd bought a new position in shares of Fidelity Enhanced Large Cap Core ETF in the third quarter valued at $39,000.

Fidelity Enhanced Large Cap Core ETF Price Performance

Shares of NYSEARCA FELC opened at $42.98 on Friday. The stock has a market capitalization of $8.71 billion, a P/E ratio of 24.29 and a beta of 1.00. The company has a 50-day moving average price of $43.62 and a 200-day moving average price of $42.20. Fidelity Enhanced Large Cap Core ETF has a 1 year low of $35.10 and a 1 year high of $44.36.

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.