Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) Sees Large Volume Increase – Time to Buy?

Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) shares saw an uptick in trading volume on Thursday. 8,303,131 shares were traded during trading, an increase of 725% from the average daily volume of 1,006,387 shares. The stock last traded at $42.7550 and had previously closed at $42.87.

Fidelity Enhanced Large Cap Core ETF Stock Down 0.3%

The firm has a market capitalization of $8.94 billion, a PE ratio of 21.76 and a beta of 1.00. The business’s fifty day moving average price is $43.40 and its 200 day moving average price is $41.15.

Institutional Trading of Fidelity Enhanced Large Cap Core ETF

Hedge funds have recently bought and sold shares of the company. Mayflower Financial Advisors LLC boosted its holdings in shares of Fidelity Enhanced Large Cap Core ETF by 19.3% during the third quarter. Mayflower Financial Advisors LLC now owns 6,137 shares of the company’s stock worth $266,000 after purchasing an additional 994 shares during the last quarter. Private Advisor Group LLC purchased a new position in Fidelity Enhanced Large Cap Core ETF during the third quarter worth about $1,957,000. Rollins Financial Advisors LLC lifted its position in Fidelity Enhanced Large Cap Core ETF by 2.0% during the third quarter. Rollins Financial Advisors LLC now owns 55,337 shares of the company’s stock worth $2,397,000 after buying an additional 1,109 shares during the period. HighTower Advisors LLC purchased a new position in Fidelity Enhanced Large Cap Core ETF during the third quarter worth about $70,288,000. Finally, Silver Oak Securities Incorporated acquired a new stake in Fidelity Enhanced Large Cap Core ETF in the 3rd quarter worth about $386,000.

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.