Silverlake Wealth Management LLC Increases Stock Position in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC)

Silverlake Wealth Management LLC boosted its position in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) by 13.9% during the third quarter, Holdings Channel.com reports. The fund owned 37,104 shares of the company’s stock after acquiring an additional 4,538 shares during the period. Silverlake Wealth Management LLC’s holdings in Fidelity Enhanced Large Cap Core ETF were worth $1,191,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of FELC. Williams & Novak LLC bought a new stake in shares of Fidelity Enhanced Large Cap Core ETF in the third quarter worth about $2,031,000. HBW Advisory Services LLC purchased a new stake in Fidelity Enhanced Large Cap Core ETF in the 3rd quarter worth approximately $218,000. B. Riley Wealth Advisors Inc. bought a new stake in shares of Fidelity Enhanced Large Cap Core ETF in the 2nd quarter worth approximately $769,000. Regal Investment Advisors LLC bought a new stake in shares of Fidelity Enhanced Large Cap Core ETF in the 2nd quarter worth approximately $308,000. Finally, Marshall Wace LLP purchased a new position in shares of Fidelity Enhanced Large Cap Core ETF during the second quarter valued at approximately $336,000.

Fidelity Enhanced Large Cap Core ETF Stock Performance

FELC stock traded up $0.20 on Friday, reaching $32.51. The company’s stock had a trading volume of 327,180 shares, compared to its average volume of 522,397. The firm has a market cap of $2.83 billion, a PE ratio of 23.72 and a beta of 0.88. The business has a fifty day simple moving average of $31.14 and a two-hundred day simple moving average of $30.27. Fidelity Enhanced Large Cap Core ETF has a 12-month low of $24.81 and a 12-month high of $32.55.

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.