Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) Short Interest Up 93.3% in July

Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 235,872 shares, an increase of 93.3% from the July 15th total of 122,018 shares. Based on an average daily trading volume, of 692,389 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Trading of Fidelity Enhanced Large Cap Core ETF

A number of large investors have recently made changes to their positions in FELC. Sequoia Financial Advisors LLC increased its holdings in Fidelity Enhanced Large Cap Core ETF by 3.6% during the first quarter. Sequoia Financial Advisors LLC now owns 7,351 shares of the company’s stock valued at $267,000 after buying an additional 258 shares during the last quarter. Geneva Partners LLC grew its position in shares of Fidelity Enhanced Large Cap Core ETF by 1.8% during the 4th quarter. Geneva Partners LLC now owns 14,767 shares of the company’s stock valued at $564,000 after acquiring an additional 264 shares during the period. Assetmark Inc. increased its stake in shares of Fidelity Enhanced Large Cap Core ETF by 10.5% in the 1st quarter. Assetmark Inc. now owns 3,035 shares of the company’s stock worth $110,000 after purchasing an additional 289 shares in the last quarter. Kingsview Wealth Management LLC increased its stake in shares of Fidelity Enhanced Large Cap Core ETF by 2.3% in the 4th quarter. Kingsview Wealth Management LLC now owns 13,636 shares of the company’s stock worth $520,000 after purchasing an additional 308 shares in the last quarter. Finally, IFP Advisors Inc raised its holdings in Fidelity Enhanced Large Cap Core ETF by 42.2% in the 4th quarter. IFP Advisors Inc now owns 1,223 shares of the company’s stock worth $47,000 after purchasing an additional 363 shares during the period.

Fidelity Enhanced Large Cap Core ETF Price Performance

FELC stock traded down $0.02 on Friday, reaching $44.19. 459,908 shares of the company traded hands, compared to its average volume of 994,846. Fidelity Enhanced Large Cap Core ETF has a one year low of $35.10 and a one year high of $44.36. The company has a market cap of $8.33 billion, a P/E ratio of 24.29 and a beta of 1.00. The firm has a fifty day simple moving average of $42.29 and a 200-day simple moving average of $40.12.

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.