Maripau Wealth Management LLC Raises Holdings in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC)

Maripau Wealth Management LLC raised its holdings in shares of Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) by 60.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,814 shares of the company’s stock after acquiring an additional 7,833 shares during the period. Maripau Wealth Management LLC’s holdings in Fidelity Enhanced Large Cap Core ETF were worth $668,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Eastern Bank purchased a new stake in shares of Fidelity Enhanced Large Cap Core ETF in the 3rd quarter valued at approximately $116,000. Commonwealth Equity Services LLC lifted its stake in Fidelity Enhanced Large Cap Core ETF by 29.2% in the third quarter. Commonwealth Equity Services LLC now owns 1,487,960 shares of the company’s stock valued at $47,749,000 after buying an additional 335,915 shares during the last quarter. Raymond James & Associates lifted its position in Fidelity Enhanced Large Cap Core ETF by 188.3% during the 3rd quarter. Raymond James & Associates now owns 341,702 shares of the company’s stock worth $10,965,000 after acquiring an additional 223,192 shares during the period. Silverlake Wealth Management LLC increased its stake in shares of Fidelity Enhanced Large Cap Core ETF by 13.9% during the third quarter. Silverlake Wealth Management LLC now owns 37,104 shares of the company’s stock worth $1,191,000 after acquiring an additional 4,538 shares during the period. Finally, Williams & Novak LLC acquired a new stake in shares of Fidelity Enhanced Large Cap Core ETF in the third quarter valued at about $2,031,000.

Fidelity Enhanced Large Cap Core ETF Price Performance

NYSEARCA:FELC traded down $0.03 during trading hours on Tuesday, reaching $32.70. 234,668 shares of the company traded hands, compared to its average volume of 517,065. The stock has a market cap of $2.85 billion, a P/E ratio of 23.72 and a beta of 0.88. Fidelity Enhanced Large Cap Core ETF has a 1-year low of $24.81 and a 1-year high of $32.88. The firm’s 50-day moving average is $31.59 and its 200-day moving average is $30.45.

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.