Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) Short Interest Update

Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 102,221 shares, a drop of 69.5% from the April 30th total of 335,272 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 597,832 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Fidelity Enhanced Large Cap Core ETF

A number of institutional investors have recently modified their holdings of FELC. Royal Bank of Canada boosted its stake in shares of Fidelity Enhanced Large Cap Core ETF by 28,371.0% during the 1st quarter. Royal Bank of Canada now owns 256,239 shares of the company’s stock valued at $7,992,000 after buying an additional 255,339 shares during the period. Jones Financial Companies Lllp lifted its stake in Fidelity Enhanced Large Cap Core ETF by 1,038.8% in the first quarter. Jones Financial Companies Lllp now owns 9,224 shares of the company’s stock valued at $288,000 after acquiring an additional 8,414 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in Fidelity Enhanced Large Cap Core ETF in the first quarter valued at approximately $72,976,000. Jane Street Group LLC raised its holdings in shares of Fidelity Enhanced Large Cap Core ETF by 206.1% during the 1st quarter. Jane Street Group LLC now owns 270,660 shares of the company’s stock valued at $8,442,000 after purchasing an additional 182,226 shares in the last quarter. Finally, Cerity Partners LLC raised its holdings in shares of Fidelity Enhanced Large Cap Core ETF by 5.3% during the 2nd quarter. Cerity Partners LLC now owns 186,678 shares of the company’s stock valued at $6,438,000 after purchasing an additional 9,467 shares in the last quarter.

Fidelity Enhanced Large Cap Core ETF Stock Up 0.3%

Shares of NYSEARCA:FELC traded up $0.11 during trading on Friday, reaching $42.37. 678,200 shares of the company traded hands, compared to its average volume of 1,058,534. The firm has a fifty day simple moving average of $39.26 and a 200 day simple moving average of $38.50. The firm has a market cap of $7.39 billion, a P/E ratio of 24.29 and a beta of 1.00. Fidelity Enhanced Large Cap Core ETF has a 1-year low of $32.55 and a 1-year high of $42.48.

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.