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

Valley National Advisers Inc. acquired a new stake in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 739,584 shares of the company’s stock, valued at approximately $32,039,000. Fidelity Enhanced Large Cap Core ETF makes up 3.5% of Valley National Advisers Inc.’s portfolio, making the stock its 4th biggest holding. Valley National Advisers Inc. owned 0.37% of Fidelity Enhanced Large Cap Core ETF at the end of the most recent reporting period.

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

Fidelity Enhanced Large Cap Core ETF Trading Down 0.6%

FELC opened at $42.98 on Friday. The company has a fifty day moving average price of $43.62 and a two-hundred 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. The company has a market cap of $8.71 billion, a P/E ratio of 24.29 and a beta of 1.00.

Fidelity Enhanced Large Cap Core ETF Company 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.