Private Advisor Group LLC Increases Stock Position in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG)

Private Advisor Group LLC lifted its holdings in shares of Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) by 791.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 126,417 shares of the company’s stock after buying an additional 112,243 shares during the period. Private Advisor Group LLC’s holdings in Fidelity Enhanced Large Cap Growth ETF were worth $4,470,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of FELG. JPMorgan Chase & Co. raised its position in Fidelity Enhanced Large Cap Growth ETF by 18.2% in the third quarter. JPMorgan Chase & Co. now owns 406,776 shares of the company’s stock worth $13,497,000 after acquiring an additional 62,541 shares in the last quarter. Thrivent Financial for Lutherans increased its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 72.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 559,270 shares of the company’s stock valued at $18,557,000 after purchasing an additional 234,338 shares in the last quarter. HighTower Advisors LLC lifted its stake in shares of Fidelity Enhanced Large Cap Growth ETF by 4.1% in the third quarter. HighTower Advisors LLC now owns 17,190 shares of the company’s stock valued at $569,000 after purchasing an additional 679 shares during the period. Iron Horse Wealth Management LLC purchased a new stake in Fidelity Enhanced Large Cap Growth ETF during the fourth quarter worth about $46,000. Finally, Sigma Planning Corp grew its position in Fidelity Enhanced Large Cap Growth ETF by 4.9% during the third quarter. Sigma Planning Corp now owns 13,966 shares of the company’s stock worth $463,000 after buying an additional 647 shares during the period.

Fidelity Enhanced Large Cap Growth ETF Trading Down 2.3 %

FELG stock opened at $35.55 on Friday. The firm has a 50 day moving average of $35.97 and a 200-day moving average of $34.27. The company has a market cap of $2.89 billion, a price-to-earnings ratio of 30.12 and a beta of 1.14. Fidelity Enhanced Large Cap Growth ETF has a 12-month low of $27.75 and a 12-month high of $36.91.

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.