Modera Wealth Management LLC Purchases New Position in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC)

Modera Wealth Management LLC acquired a new stake in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 16,614 shares of the company’s stock, valued at approximately $518,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. FMR LLC boosted its stake in Fidelity Enhanced Large Cap Core ETF by 37.6% during the 4th quarter. FMR LLC now owns 39,187,804 shares of the company’s stock worth $1,290,454,000 after purchasing an additional 10,715,354 shares during the last quarter. Fragasso Financial Advisors Inc purchased a new position in Fidelity Enhanced Large Cap Core ETF in the 1st quarter worth approximately $82,638,000. Salus Financial Advisors LLC purchased a new stake in shares of Fidelity Enhanced Large Cap Core ETF in the fourth quarter valued at approximately $29,249,000. LPL Financial LLC lifted its position in Fidelity Enhanced Large Cap Core ETF by 58.3% during the first quarter. LPL Financial LLC now owns 1,218,673 shares of the company’s stock worth $38,010,000 after buying an additional 448,930 shares in the last quarter. Finally, Mascoma Wealth Management LLC purchased a new stake in Fidelity Enhanced Large Cap Core ETF in the 1st quarter valued at $10,750,000.

Fidelity Enhanced Large Cap Core ETF Trading Down 1.6%

Shares of FELC stock opened at $34.44 on Friday. Fidelity Enhanced Large Cap Core ETF has a twelve month low of $26.90 and a twelve month high of $35.44. The stock has a market cap of $4.68 billion, a price-to-earnings ratio of 24.29 and a beta of 0.88. The company’s 50-day moving average price is $34.06 and its 200-day moving average price is $32.71.

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.