Commonwealth Equity Services LLC Buys 85,469 Shares of Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG)

Commonwealth Equity Services LLC increased its stake in shares of Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) by 31.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 360,853 shares of the company’s stock after purchasing an additional 85,469 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Fidelity Enhanced Large Cap Growth ETF were worth $11,641,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. bought a new position in Fidelity Enhanced Large Cap Growth ETF during the fourth quarter valued at $111,056,000. Spectrum Investment Advisors Inc. raised its position in Fidelity Enhanced Large Cap Growth ETF by 2.1% in the 1st quarter. Spectrum Investment Advisors Inc. now owns 687,464 shares of the company’s stock worth $20,315,000 after purchasing an additional 14,117 shares during the period. Sentinel Pension Advisors Inc. bought a new stake in Fidelity Enhanced Large Cap Growth ETF in the first quarter worth about $5,288,000. Rollins Financial purchased a new position in shares of Fidelity Enhanced Large Cap Growth ETF during the fourth quarter valued at approximately $3,907,000. Finally, Cambridge Investment Research Advisors Inc. bought a new position in shares of Fidelity Enhanced Large Cap Growth ETF during the fourth quarter valued at approximately $2,829,000.

Fidelity Enhanced Large Cap Growth ETF Stock Performance

Shares of FELG stock opened at $31.20 on Thursday. The stock has a 50 day moving average price of $31.96 and a 200 day moving average price of $30.51. The firm has a market capitalization of $2.53 billion, a P/E ratio of 30.12 and a beta of 1.14. Fidelity Enhanced Large Cap Growth ETF has a 52-week low of $24.89 and a 52-week high of $33.79.

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.