Baron Wealth Management LLC Acquires 24,194 Shares of Fidelity Enhanced Large Cap Growth ETF $FELG

Baron Wealth Management LLC raised its holdings in shares of Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) by 172.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 38,248 shares of the company’s stock after buying an additional 24,194 shares during the period. Fidelity Enhanced Large Cap Growth ETF comprises 0.5% of Baron Wealth Management LLC’s portfolio, making the stock its 22nd largest holding. Baron Wealth Management LLC’s holdings in Fidelity Enhanced Large Cap Growth ETF were worth $1,595,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Costello Asset Management INC bought a new stake in shares of Fidelity Enhanced Large Cap Growth ETF during the 3rd quarter valued at $28,000. Russell Investments Group Ltd. purchased a new position in Fidelity Enhanced Large Cap Growth ETF during the second quarter valued at $40,000. Colonial Trust Advisors bought a new stake in Fidelity Enhanced Large Cap Growth ETF during the second quarter valued at about $42,000. Steward Partners Investment Advisory LLC increased its position in Fidelity Enhanced Large Cap Growth ETF by 313.5% in the second quarter. Steward Partners Investment Advisory LLC now owns 1,687 shares of the company’s stock worth $62,000 after buying an additional 1,279 shares in the last quarter. Finally, Aptus Capital Advisors LLC purchased a new stake in Fidelity Enhanced Large Cap Growth ETF in the third quarter worth about $62,000.

Fidelity Enhanced Large Cap Growth ETF Stock Down 2.2%

NYSEARCA FELG opened at $36.31 on Friday. The stock’s 50-day moving average price is $39.64 and its 200-day moving average price is $40.82. The company has a market capitalization of $4.14 billion, a P/E ratio of 32.16 and a beta of 1.19. Fidelity Enhanced Large Cap Growth ETF has a 52 week low of $26.91 and a 52 week high of $43.22.

About Fidelity Enhanced Large Cap Growth ETF

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.