Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) Stock Position Decreased by Spectrum Investment Advisors Inc.

Spectrum Investment Advisors Inc. trimmed its position in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) by 0.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 663,748 shares of the company’s stock after selling 2,407 shares during the quarter. Fidelity Enhanced Large Cap Growth ETF comprises approximately 15.1% of Spectrum Investment Advisors Inc.’s holdings, making the stock its 2nd biggest position. Spectrum Investment Advisors Inc. owned about 0.82% of Fidelity Enhanced Large Cap Growth ETF worth $22,023,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in FELG. Harbour Investments Inc. raised its holdings in Fidelity Enhanced Large Cap Growth ETF by 33.9% during the third quarter. Harbour Investments Inc. now owns 17,252 shares of the company’s stock valued at $572,000 after acquiring an additional 4,369 shares during the period. Sigma Planning Corp raised its stake in Fidelity Enhanced Large Cap Growth ETF by 4.9% during the 3rd quarter. Sigma Planning Corp now owns 13,966 shares of the company’s stock valued at $463,000 after purchasing an additional 647 shares during the period. Proficio Capital Partners LLC bought a new position in Fidelity Enhanced Large Cap Growth ETF in the 3rd quarter worth approximately $1,098,000. Atria Investments Inc purchased a new stake in Fidelity Enhanced Large Cap Growth ETF during the 3rd quarter valued at approximately $4,673,000. Finally, Financial Partners Group Inc raised its position in shares of Fidelity Enhanced Large Cap Growth ETF by 87.0% during the third quarter. Financial Partners Group Inc now owns 54,551 shares of the company’s stock valued at $1,810,000 after buying an additional 25,385 shares during the last quarter.

Fidelity Enhanced Large Cap Growth ETF Stock Performance

Shares of NYSEARCA:FELG opened at $34.06 on Friday. The firm has a market cap of $2.77 billion, a price-to-earnings ratio of 30.12 and a beta of 1.14. The firm has a fifty day moving average price of $33.28 and a 200 day moving average price of $32.00. Fidelity Enhanced Large Cap Growth ETF has a fifty-two week low of $24.89 and a fifty-two week high of $35.23.

Fidelity Enhanced Large Cap Growth ETF Company Profile

The Fidelity Enhanced Large Cap Growth ETF (FELG) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in large-cap growth stocks belonging to a broad US equity growth index. The fund aims for capital growth FELG was launched on Apr 19, 2007 and is issued by Fidelity.