Core Wealth Advisors LLC Takes $2.92 Million Position in Fidelity Fundamental Large Cap Core ETF $FFLC

Core Wealth Advisors LLC acquired a new stake in Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 56,916 shares of the company’s stock, valued at approximately $2,919,000. Fidelity Fundamental Large Cap Core ETF comprises about 2.2% of Core Wealth Advisors LLC’s portfolio, making the stock its 18th largest position. Core Wealth Advisors LLC owned 0.36% of Fidelity Fundamental Large Cap Core ETF at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in FFLC. Sunbelt Securities Inc. raised its position in Fidelity Fundamental Large Cap Core ETF by 37.8% in the fourth quarter. Sunbelt Securities Inc. now owns 689 shares of the company’s stock valued at $37,000 after purchasing an additional 189 shares during the period. Coston McIsaac & Partners grew its holdings in shares of Fidelity Fundamental Large Cap Core ETF by 42.1% during the 1st quarter. Coston McIsaac & Partners now owns 668 shares of the company’s stock worth $34,000 after purchasing an additional 198 shares during the period. Flagship Wealth Advisors LLC grew its holdings in shares of Fidelity Fundamental Large Cap Core ETF by 1.2% during the 4th quarter. Flagship Wealth Advisors LLC now owns 22,120 shares of the company’s stock worth $1,180,000 after purchasing an additional 267 shares during the period. CWM LLC increased its position in shares of Fidelity Fundamental Large Cap Core ETF by 8.9% during the 4th quarter. CWM LLC now owns 3,819 shares of the company’s stock worth $204,000 after purchasing an additional 313 shares during the last quarter. Finally, Kane Investment Management Inc. increased its position in shares of Fidelity Fundamental Large Cap Core ETF by 1.5% during the 4th quarter. Kane Investment Management Inc. now owns 32,782 shares of the company’s stock worth $1,749,000 after purchasing an additional 477 shares during the last quarter.

Fidelity Fundamental Large Cap Core ETF Stock Performance

Shares of FFLC opened at $58.59 on Friday. The firm has a market cap of $925.72 million, a P/E ratio of 24.24 and a beta of 0.94. Fidelity Fundamental Large Cap Core ETF has a 12-month low of $48.77 and a 12-month high of $59.80. The company’s 50-day moving average price is $58.17 and its 200 day moving average price is $55.29.

Fidelity Fundamental Large Cap Core ETF Profile

The Fidelity Fundamental Large Cap Core ETF (FFLC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed core portfolio of large-cap stocks from US and foreign issuers. Stocks are selected based on fundamental factors. FFLC was launched on Jun 3, 2020 and is issued by Fidelity.