IFG Advisory LLC Purchases 7,341 Shares of Fidelity Enhanced Large Cap Core ETF $FELC

IFG Advisory LLC grew its stake in shares of Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) by 35.3% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 28,112 shares of the company’s stock after purchasing an additional 7,341 shares during the period. IFG Advisory LLC’s holdings in Fidelity Enhanced Large Cap Core ETF were worth $970,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FELC. Goldman Sachs Group Inc. bought a new stake in Fidelity Enhanced Large Cap Core ETF during the 1st quarter worth approximately $72,976,000. EdgeRock Capital LLC bought a new stake in Fidelity Enhanced Large Cap Core ETF during the 2nd quarter worth approximately $65,146,000. HighTower Advisors LLC increased its holdings in Fidelity Enhanced Large Cap Core ETF by 4,506.1% during the 1st quarter. HighTower Advisors LLC now owns 1,225,583 shares of the company’s stock worth $38,226,000 after purchasing an additional 1,198,975 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in Fidelity Enhanced Large Cap Core ETF by 25.2% during the 1st quarter. Commonwealth Equity Services LLC now owns 3,497,740 shares of the company’s stock worth $109,095,000 after purchasing an additional 703,058 shares in the last quarter. Finally, Fragasso Financial Advisors Inc increased its holdings in Fidelity Enhanced Large Cap Core ETF by 24.4% during the 2nd quarter. Fragasso Financial Advisors Inc now owns 3,295,512 shares of the company’s stock worth $113,662,000 after purchasing an additional 645,996 shares in the last quarter.

Fidelity Enhanced Large Cap Core ETF Stock Performance

Shares of FELC opened at $38.01 on Friday. The stock has a 50 day moving average price of $36.98 and a two-hundred day moving average price of $34.70. The firm has a market capitalization of $5.60 billion, a P/E ratio of 24.29 and a beta of 1.01. Fidelity Enhanced Large Cap Core ETF has a 52 week low of $26.90 and a 52 week high of $38.40.

About Fidelity Enhanced Large Cap Core ETF

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.