Prasad Wealth Partners LLC Purchases New Position in Fidelity Fundamental Large Cap Core ETF $FFLC

Prasad Wealth Partners LLC purchased a new stake in Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 271,431 shares of the company’s stock, valued at approximately $13,262,000. Fidelity Fundamental Large Cap Core ETF makes up 3.9% of Prasad Wealth Partners LLC’s holdings, making the stock its 7th biggest holding. Prasad Wealth Partners LLC owned about 1.72% of Fidelity Fundamental Large Cap Core ETF as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FFLC. Novem Group lifted its holdings in Fidelity Fundamental Large Cap Core ETF by 64.0% in the 2nd quarter. Novem Group now owns 471,096 shares of the company’s stock worth $23,018,000 after purchasing an additional 183,877 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Fidelity Fundamental Large Cap Core ETF by 130.4% during the first quarter. Envestnet Asset Management Inc. now owns 315,301 shares of the company’s stock worth $13,716,000 after buying an additional 178,439 shares during the last quarter. Onyx Bridge Wealth Group LLC acquired a new position in shares of Fidelity Fundamental Large Cap Core ETF during the first quarter worth approximately $6,641,000. Socha Financial Group LLC lifted its holdings in shares of Fidelity Fundamental Large Cap Core ETF by 13.4% during the first quarter. Socha Financial Group LLC now owns 1,176,519 shares of the company’s stock worth $51,179,000 after buying an additional 138,992 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Fidelity Fundamental Large Cap Core ETF during the first quarter worth approximately $5,907,000.

Fidelity Fundamental Large Cap Core ETF Stock Up 11.7%

Shares of FFLC stock opened at $52.36 on Tuesday. Fidelity Fundamental Large Cap Core ETF has a 12 month low of $37.32 and a 12 month high of $50.38. The firm has a market cap of $827.29 million, a PE ratio of 24.24 and a beta of 0.94. The stock has a 50 day moving average of $51.09 and a 200-day moving average of $47.54.

Fidelity Fundamental Large Cap Core ETF Profile

The Fidelity Fundamental Large Cap Core ETF (FFLC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed core portfolio of large-cap stocks from US and foreign issuers. Stocks are selected based on fundamental factors. FFLC was launched on Jun 3, 2020 and is issued by Fidelity.