Clearwave Capital LLC Purchases New Shares in Fidelity Enhanced Large Cap Core ETF $FELC

Clearwave Capital LLC acquired a new position in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 165,269 shares of the company’s stock, valued at approximately $6,308,000. Fidelity Enhanced Large Cap Core ETF makes up approximately 4.7% of Clearwave Capital LLC’s investment portfolio, making the stock its 2nd biggest position. Clearwave Capital LLC owned 0.10% of Fidelity Enhanced Large Cap Core ETF at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Ameriflex Group Inc. raised its stake in Fidelity Enhanced Large Cap Core ETF by 100.0% during the third quarter. Ameriflex Group Inc. now owns 686 shares of the company’s stock worth $26,000 after buying an additional 343 shares during the last quarter. Fifth Third Bancorp purchased a new stake in Fidelity Enhanced Large Cap Core ETF in the 4th quarter valued at about $31,000. Rialto Wealth Management LLC bought a new position in Fidelity Enhanced Large Cap Core ETF during the fourth quarter valued at about $32,000. Halbert Hargrove Global Advisors LLC bought a new stake in Fidelity Enhanced Large Cap Core ETF in the 4th quarter valued at about $34,000. Finally, Litman Gregory Wealth Management LLC bought a new stake in Fidelity Enhanced Large Cap Core ETF during the 4th quarter valued at $36,000.

Fidelity Enhanced Large Cap Core ETF Stock Performance

FELC stock opened at $41.95 on Friday. The stock has a market cap of $7.32 billion, a price-to-earnings ratio of 24.29 and a beta of 1.01. The company’s 50 day moving average is $40.87 and its 200 day moving average is $38.96. Fidelity Enhanced Large Cap Core ETF has a 1-year low of $32.97 and a 1-year high of $42.66.

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.