Cannon Wealth Management Services LLC Makes New Investment in Fidelity Enhanced Large Cap Growth ETF $FELG

Cannon Wealth Management Services LLC bought a new position in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 114,424 shares of the company’s stock, valued at approximately $4,771,000. Fidelity Enhanced Large Cap Growth ETF comprises approximately 3.4% of Cannon Wealth Management Services LLC’s portfolio, making the stock its 10th biggest holding. Cannon Wealth Management Services LLC owned 0.10% of Fidelity Enhanced Large Cap Growth ETF at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Great Valley Advisor Group Inc. increased its stake in Fidelity Enhanced Large Cap Growth ETF by 2.0% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 14,217 shares of the company’s stock worth $527,000 after acquiring an additional 285 shares during the last quarter. Mariner LLC increased its stake in Fidelity Enhanced Large Cap Growth ETF by 1.3% in the 3rd quarter. Mariner LLC now owns 22,985 shares of the company’s stock worth $945,000 after acquiring an additional 287 shares during the last quarter. Advisory Services Network LLC increased its stake in Fidelity Enhanced Large Cap Growth ETF by 3.8% in the 3rd quarter. Advisory Services Network LLC now owns 9,895 shares of the company’s stock worth $407,000 after acquiring an additional 362 shares during the last quarter. Lido Advisors LLC increased its stake in Fidelity Enhanced Large Cap Growth ETF by 0.6% in the 3rd quarter. Lido Advisors LLC now owns 73,003 shares of the company’s stock worth $3,002,000 after acquiring an additional 446 shares during the last quarter. Finally, CWM LLC increased its stake in Fidelity Enhanced Large Cap Growth ETF by 19.8% in the 3rd quarter. CWM LLC now owns 2,786 shares of the company’s stock worth $115,000 after acquiring an additional 461 shares during the last quarter.

Fidelity Enhanced Large Cap Growth ETF Price Performance

Shares of NYSEARCA FELG opened at $41.89 on Monday. The firm has a market capitalization of $5.25 billion, a P/E ratio of 32.16 and a beta of 1.21. The stock’s 50-day simple moving average is $39.13 and its two-hundred day simple moving average is $40.64. Fidelity Enhanced Large Cap Growth ETF has a twelve month low of $28.65 and a twelve month 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.