Citadel Advisors LLC Makes New $2 Million Investment in Fidelity Fundamental Large Cap Core ETF $FFLC

Citadel Advisors LLC bought a new position in Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 34,032 shares of the company’s stock, valued at approximately $2,005,000.

Several other hedge funds also recently made changes to their positions in FFLC. Financial Freedom LLC bought a new position in Fidelity Fundamental Large Cap Core ETF in the first quarter worth $26,000. Sunbelt Securities Inc. bought a new position in shares of Fidelity Fundamental Large Cap Core ETF in the 3rd quarter worth about $26,000. Northwestern Mutual Wealth Management Co. purchased a new position in Fidelity Fundamental Large Cap Core ETF during the 3rd quarter valued at about $29,000. Steward Partners Investment Advisory LLC boosted its stake in Fidelity Fundamental Large Cap Core ETF by 380.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 625 shares of the company’s stock worth $33,000 after acquiring an additional 495 shares in the last quarter. Finally, Coston McIsaac & Partners grew its holdings in Fidelity Fundamental Large Cap Core ETF by 42.1% in the first quarter. Coston McIsaac & Partners now owns 668 shares of the company’s stock worth $34,000 after purchasing an additional 198 shares during the period.

Fidelity Fundamental Large Cap Core ETF Stock Performance

FFLC stock opened at $60.09 on Wednesday. The firm has a 50 day moving average price of $59.47 and a 200-day moving average price of $57.08. Fidelity Fundamental Large Cap Core ETF has a 52-week low of $49.40 and a 52-week high of $61.14. The firm has a market capitalization of $949.42 million, a price-to-earnings ratio of 24.24 and a beta of 0.94.

Fidelity Fundamental Large Cap Core ETF Company 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.