Parallel Advisors LLC Lowers Position in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC)

Parallel Advisors LLC lessened its holdings in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) by 82.4% during the first quarter, HoldingsChannel reports. The institutional investor owned 3,894 shares of the company’s stock after selling 18,233 shares during the quarter. Parallel Advisors LLC’s holdings in Fidelity Enhanced Large Cap Core ETF were worth $121,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. FMR LLC raised its position in shares of Fidelity Enhanced Large Cap Core ETF by 37.6% in the fourth quarter. FMR LLC now owns 39,187,804 shares of the company’s stock worth $1,290,454,000 after buying an additional 10,715,354 shares in the last quarter. Commonwealth Equity Services LLC raised its position in shares of Fidelity Enhanced Large Cap Core ETF by 87.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 2,794,682 shares of the company’s stock worth $92,029,000 after buying an additional 1,306,722 shares in the last quarter. Salus Financial Advisors LLC purchased a new stake in shares of Fidelity Enhanced Large Cap Core ETF in the fourth quarter worth $29,249,000. LPL Financial LLC raised its position in shares of Fidelity Enhanced Large Cap Core ETF by 127.2% in the fourth quarter. LPL Financial LLC now owns 769,743 shares of the company’s stock worth $25,348,000 after buying an additional 430,961 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Fidelity Enhanced Large Cap Core ETF by 17.1% in the fourth quarter. JPMorgan Chase & Co. now owns 599,749 shares of the company’s stock worth $19,750,000 after buying an additional 87,745 shares in the last quarter.

Fidelity Enhanced Large Cap Core ETF Stock Up 0.9%

NYSEARCA FELC opened at $33.46 on Friday. The stock’s 50-day simple moving average is $31.21 and its two-hundred day simple moving average is $32.48. Fidelity Enhanced Large Cap Core ETF has a twelve month low of $26.90 and a twelve month high of $34.29. The company has a market capitalization of $4.41 billion, a price-to-earnings ratio of 23.18 and a beta of 0.88.

Fidelity Enhanced Large Cap Core ETF 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.