Ameriprise Financial Inc. Acquires New Position in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG)

Ameriprise Financial Inc. acquired a new stake in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 6,801 shares of the company’s stock, valued at approximately $240,000.

A number of other hedge funds have also added to or reduced their stakes in FELG. Proficio Capital Partners LLC increased its stake in Fidelity Enhanced Large Cap Growth ETF by 3,617.6% in the fourth quarter. Proficio Capital Partners LLC now owns 1,230,528 shares of the company’s stock valued at $43,511,000 after acquiring an additional 1,197,428 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in Fidelity Enhanced Large Cap Growth ETF by 107.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,262,696 shares of the company’s stock valued at $44,649,000 after acquiring an additional 655,146 shares during the last quarter. Raymond James Financial Inc. bought a new position in Fidelity Enhanced Large Cap Growth ETF in the fourth quarter valued at approximately $13,305,000. LPL Financial LLC increased its stake in Fidelity Enhanced Large Cap Growth ETF by 44.8% in the fourth quarter. LPL Financial LLC now owns 574,088 shares of the company’s stock valued at $20,300,000 after acquiring an additional 177,620 shares during the last quarter. Finally, Private Advisor Group LLC increased its stake in Fidelity Enhanced Large Cap Growth ETF by 791.9% in the fourth quarter. Private Advisor Group LLC now owns 126,417 shares of the company’s stock valued at $4,470,000 after acquiring an additional 112,243 shares during the last quarter.

Fidelity Enhanced Large Cap Growth ETF Price Performance

Shares of NYSEARCA:FELG opened at $35.66 on Friday. The company’s 50 day simple moving average is $32.45 and its 200 day simple moving average is $34.10. The stock has a market capitalization of $3.47 billion, a price-to-earnings ratio of 30.23 and a beta of 1.14. Fidelity Enhanced Large Cap Growth ETF has a 1 year low of $26.91 and a 1 year high of $36.91.

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.