Novem Group Lowers Position in Fidelity Fundamental Large Cap Core ETF $FFLC

Novem Group trimmed its holdings in shares of Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) by 3.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 458,997 shares of the company’s stock after selling 16,455 shares during the quarter. Fidelity Fundamental Large Cap Core ETF comprises about 2.8% of Novem Group’s investment portfolio, making the stock its 5th largest holding. Novem Group owned approximately 2.91% of Fidelity Fundamental Large Cap Core ETF worth $24,492,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Farther Finance Advisors LLC bought a new position in Fidelity Fundamental Large Cap Core ETF during the third quarter worth about $687,000. Commonwealth Equity Services LLC increased its position in Fidelity Fundamental Large Cap Core ETF by 19.9% during the third quarter. Commonwealth Equity Services LLC now owns 1,212,418 shares of the company’s stock worth $63,094,000 after acquiring an additional 201,475 shares during the period. Fiduciary Planning LLC increased its position in Fidelity Fundamental Large Cap Core ETF by 9.6% during the third quarter. Fiduciary Planning LLC now owns 244,822 shares of the company’s stock worth $12,741,000 after acquiring an additional 21,516 shares during the period. Ameritas Advisory Services LLC increased its position in Fidelity Fundamental Large Cap Core ETF by 318.4% during the third quarter. Ameritas Advisory Services LLC now owns 13,419 shares of the company’s stock worth $698,000 after acquiring an additional 10,212 shares during the period. Finally, World Investment Advisors bought a new position in Fidelity Fundamental Large Cap Core ETF during the third quarter worth about $561,000.

Fidelity Fundamental Large Cap Core ETF Stock Performance

BATS:FFLC opened at $56.33 on Tuesday. The firm has a market cap of $890.01 million, a price-to-earnings ratio of 24.24 and a beta of 0.94. Fidelity Fundamental Large Cap Core ETF has a 52 week low of $39.60 and a 52 week high of $56.59. The firm’s 50-day simple moving average is $53.37 and its 200 day simple moving average is $53.27.

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.