Fidelity Fundamental Large Cap Growth ETF $FFLG Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. increased its stake in Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) by 10.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,000 shares of the company’s stock after purchasing an additional 1,806 shares during the period. Envestnet Asset Management Inc. owned 0.11% of Fidelity Fundamental Large Cap Growth ETF worth $505,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of FFLG. Kestra Advisory Services LLC raised its holdings in shares of Fidelity Fundamental Large Cap Growth ETF by 7.8% in the first quarter. Kestra Advisory Services LLC now owns 1,307,805 shares of the company’s stock worth $28,955,000 after buying an additional 94,599 shares during the last quarter. Financial Management Network Inc. raised its stake in Fidelity Fundamental Large Cap Growth ETF by 10.7% in the 2nd quarter. Financial Management Network Inc. now owns 265,651 shares of the company’s stock worth $7,109,000 after acquiring an additional 25,598 shares during the last quarter. Investment Advisory Services Inc. TX ADV lifted its position in Fidelity Fundamental Large Cap Growth ETF by 10.6% during the 2nd quarter. Investment Advisory Services Inc. TX ADV now owns 212,891 shares of the company’s stock worth $5,657,000 after acquiring an additional 20,458 shares during the period. Avantax Advisory Services Inc. grew its stake in Fidelity Fundamental Large Cap Growth ETF by 5.5% during the 1st quarter. Avantax Advisory Services Inc. now owns 203,956 shares of the company’s stock valued at $4,516,000 after purchasing an additional 10,584 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in Fidelity Fundamental Large Cap Growth ETF by 2.0% during the 1st quarter. Cetera Investment Advisers now owns 175,170 shares of the company’s stock valued at $3,878,000 after purchasing an additional 3,381 shares during the last quarter.

Fidelity Fundamental Large Cap Growth ETF Stock Up 8.1%

Shares of BATS:FFLG opened at $29.27 on Tuesday. Fidelity Fundamental Large Cap Growth ETF has a 52-week low of $18.62 and a 52-week high of $27.46. The business has a 50-day moving average price of $29.53 and a 200-day moving average price of $27.66. The stock has a market cap of $487.36 million, a price-to-earnings ratio of 34.87 and a beta of 1.27.

Fidelity Fundamental Large Cap Growth ETF Profile

The Fidelity Fundamental Large Cap Growth ETF (FFLG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in large-cap growth stocks from US and foreign issuers. Stocks are selected based on fundamental factors FFLG was launched on Feb 2, 2021 and is issued by Fidelity.