Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) Position Lowered by Kestra Investment Management LLC

Kestra Investment Management LLC trimmed its position in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) by 1.4% in the fourth quarter, Holdings Channel reports. The firm owned 438,745 shares of the company’s stock after selling 6,007 shares during the quarter. Kestra Investment Management LLC’s holdings in Fidelity Enhanced Large Cap Growth ETF were worth $15,514,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Creative Planning increased its stake in Fidelity Enhanced Large Cap Growth ETF by 1.5% during the third quarter. Creative Planning now owns 22,228 shares of the company’s stock valued at $738,000 after purchasing an additional 328 shares during the last quarter. Private Advisor Group LLC boosted its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 64.7% in the 3rd quarter. Private Advisor Group LLC now owns 14,174 shares of the company’s stock valued at $470,000 after buying an additional 5,569 shares during the period. J.W. Cole Advisors Inc. grew its position in shares of Fidelity Enhanced Large Cap Growth ETF by 29.4% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 19,676 shares of the company’s stock valued at $653,000 after buying an additional 4,469 shares during the last quarter. US Bancorp DE raised its stake in Fidelity Enhanced Large Cap Growth ETF by 27.0% during the third quarter. US Bancorp DE now owns 2,823 shares of the company’s stock worth $94,000 after acquiring an additional 601 shares during the period. Finally, Pure Financial Advisors LLC raised its stake in Fidelity Enhanced Large Cap Growth ETF by 12.7% during the third quarter. Pure Financial Advisors LLC now owns 21,246 shares of the company’s stock worth $705,000 after acquiring an additional 2,398 shares during the period.

Fidelity Enhanced Large Cap Growth ETF Stock Up 0.4 %

Shares of FELG stock opened at $36.57 on Tuesday. The company has a market cap of $2.97 billion, a P/E ratio of 30.12 and a beta of 1.14. The business has a 50 day moving average of $35.97 and a two-hundred day moving average of $34.11. Fidelity Enhanced Large Cap Growth ETF has a 52 week low of $27.74 and a 52 week high of $36.91.

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.