Fidelity Enhanced Large Cap Growth ETF $FELG Stock Purchased by Independence Financial Advisors LLC

Independence Financial Advisors LLC boosted its stake in shares of Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) by 4.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,399,471 shares of the company’s stock after purchasing an additional 58,871 shares during the period. Fidelity Enhanced Large Cap Growth ETF comprises 15.9% of Independence Financial Advisors LLC’s portfolio, making the stock its largest holding. Independence Financial Advisors LLC’s holdings in Fidelity Enhanced Large Cap Growth ETF were worth $63,102,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FELG. Farther Finance Advisors LLC grew its position in Fidelity Enhanced Large Cap Growth ETF by 60.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 201,297 shares of the company’s stock worth $9,076,000 after purchasing an additional 76,214 shares during the period. CoreCap Advisors LLC grew its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 15.0% in the third quarter. CoreCap Advisors LLC now owns 3,581 shares of the company’s stock worth $161,000 after acquiring an additional 468 shares during the period. Sequoia Financial Advisors LLC increased its position in Fidelity Enhanced Large Cap Growth ETF by 2.1% during the second quarter. Sequoia Financial Advisors LLC now owns 13,781 shares of the company’s stock valued at $603,000 after acquiring an additional 277 shares during the last quarter. NewEdge Advisors LLC increased its position in Fidelity Enhanced Large Cap Growth ETF by 7.9% during the second quarter. NewEdge Advisors LLC now owns 75,944 shares of the company’s stock valued at $3,323,000 after acquiring an additional 5,553 shares during the last quarter. Finally, Citadel Advisors LLC bought a new position in Fidelity Enhanced Large Cap Growth ETF in the second quarter valued at about $3,659,000.

Fidelity Enhanced Large Cap Growth ETF Price Performance

Shares of FELG traded down $0.56 on Thursday, reaching $45.69. The company’s stock had a trading volume of 870,366 shares, compared to its average volume of 550,985. The stock’s 50 day simple moving average is $44.42 and its two-hundred day simple moving average is $43.01. The stock has a market capitalization of $5.86 billion, a P/E ratio of 32.16 and a beta of 1.23. Fidelity Enhanced Large Cap Growth ETF has a 12-month low of $35.92 and a 12-month high of $46.62.

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.