Envestnet Asset Management Inc. Boosts Stock Holdings in Fidelity Enhanced Large Cap Growth ETF $FELG

Envestnet Asset Management Inc. lifted its holdings in shares of Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) by 3.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,140,391 shares of the company’s stock after buying an additional 198,595 shares during the quarter. Envestnet Asset Management Inc. owned about 5.60% of Fidelity Enhanced Large Cap Growth ETF worth $252,493,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Spectrum Investment Advisors Inc. lifted its holdings in Fidelity Enhanced Large Cap Growth ETF by 4.1% during the 2nd quarter. Spectrum Investment Advisors Inc. now owns 690,417 shares of the company’s stock worth $25,566,000 after purchasing an additional 26,964 shares in the last quarter. Cahill Financial Advisors Inc. bought a new stake in shares of Fidelity Enhanced Large Cap Growth ETF during the second quarter valued at about $218,000. Cetera Investment Advisers lifted its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 24.4% in the second quarter. Cetera Investment Advisers now owns 196,778 shares of the company’s stock worth $7,287,000 after buying an additional 38,581 shares in the last quarter. Advyzon Investment Management LLC purchased a new stake in shares of Fidelity Enhanced Large Cap Growth ETF in the second quarter worth about $455,000. Finally, Merit Financial Group LLC boosted its position in shares of Fidelity Enhanced Large Cap Growth ETF by 49.5% in the third quarter. Merit Financial Group LLC now owns 36,708 shares of the company’s stock valued at $1,509,000 after acquiring an additional 12,147 shares during the period.

Fidelity Enhanced Large Cap Growth ETF Trading Down 1.6%

Shares of NYSEARCA:FELG opened at $39.40 on Friday. The company has a 50 day moving average of $41.51 and a 200 day moving average of $40.67. The stock has a market cap of $4.49 billion, a P/E ratio of 32.16 and a beta of 1.19. Fidelity Enhanced Large Cap Growth ETF has a 12 month low of $26.91 and a 12 month high of $43.22.

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.