Transcend Capital Advisors LLC Acquires New Position in Fidelity Enhanced Large Cap Growth ETF $FELG

Transcend Capital Advisors LLC acquired a new stake in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) during the second quarter, Holdings Channel.com reports. The fund acquired 7,644 shares of the company’s stock, valued at approximately $283,000.

A number of other hedge funds have also added to or reduced their stakes in the company. Infinity Wealth Counsel LLC increased its stake in Fidelity Enhanced Large Cap Growth ETF by 2.2% in the first quarter. Infinity Wealth Counsel LLC now owns 21,100 shares of the company’s stock valued at $665,000 after acquiring an additional 450 shares during the last quarter. Cullen Frost Bankers Inc. increased its stake in Fidelity Enhanced Large Cap Growth ETF by 29.3% in the first quarter. Cullen Frost Bankers Inc. now owns 2,786 shares of the company’s stock valued at $88,000 after acquiring an additional 632 shares during the last quarter. US Bancorp DE increased its stake in Fidelity Enhanced Large Cap Growth ETF by 16.2% in the first quarter. US Bancorp DE now owns 4,537 shares of the company’s stock valued at $143,000 after acquiring an additional 632 shares during the last quarter. Pure Financial Advisors LLC grew its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 3.0% during the 2nd quarter. Pure Financial Advisors LLC now owns 21,944 shares of the company’s stock valued at $813,000 after purchasing an additional 648 shares during the last quarter. Finally, Ball & Co Wealth Management Inc. grew its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 2.5% during the 1st quarter. Ball & Co Wealth Management Inc. now owns 37,552 shares of the company’s stock valued at $1,182,000 after purchasing an additional 930 shares during the last quarter.

Fidelity Enhanced Large Cap Growth ETF Trading Down 1.6%

Shares of Fidelity Enhanced Large Cap Growth ETF stock opened at $42.43 on Friday. The firm has a market capitalization of $4.65 billion, a PE ratio of 32.16 and a beta of 1.19. The firm’s 50 day moving average is $40.60 and its 200 day moving average is $37.30. Fidelity Enhanced Large Cap Growth ETF has a 1 year low of $26.91 and a 1 year high of $43.22.

Fidelity Enhanced Large Cap Growth ETF 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.