Independence Financial Advisors LLC Has $31.86 Million Holdings in Fidelity Enhanced Large Cap Growth ETF $FELG

Independence Financial Advisors LLC lessened its position in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) by 6.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 774,768 shares of the company’s stock after selling 55,588 shares during the period. Fidelity Enhanced Large Cap Growth ETF comprises 9.7% of Independence Financial Advisors LLC’s portfolio, making the stock its largest holding. Independence Financial Advisors LLC owned about 0.71% of Fidelity Enhanced Large Cap Growth ETF worth $31,858,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in FELG. Abound Wealth Management bought a new position in Fidelity Enhanced Large Cap Growth ETF in the 2nd quarter valued at approximately $40,000. Farther Finance Advisors LLC purchased a new position in shares of Fidelity Enhanced Large Cap Growth ETF in the second quarter worth $40,000. Russell Investments Group Ltd. bought a new position in shares of Fidelity Enhanced Large Cap Growth ETF during the second quarter valued at $40,000. Colonial Trust Advisors bought a new position in shares of Fidelity Enhanced Large Cap Growth ETF during the second quarter valued at $42,000. Finally, Rogco LP purchased a new stake in shares of Fidelity Enhanced Large Cap Growth ETF during the second quarter valued at $56,000.

Fidelity Enhanced Large Cap Growth ETF Stock Performance

Shares of NYSEARCA:FELG opened at $41.82 on Friday. Fidelity Enhanced Large Cap Growth ETF has a fifty-two week low of $26.91 and a fifty-two week high of $43.22. The business has a 50-day simple moving average of $41.69 and a two-hundred day simple moving average of $40.18. The firm has a market cap of $4.74 billion, a price-to-earnings ratio of 32.16 and a beta of 1.19.

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.