US Bancorp DE boosted its stake in shares of Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG – Free Report) by 27.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,823 shares of the company’s stock after acquiring an additional 601 shares during the period. US Bancorp DE’s holdings in Fidelity Enhanced Large Cap Growth ETF were worth $94,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its position in shares of Fidelity Enhanced Large Cap Growth ETF by 11.3% in the second quarter. Envestnet Asset Management Inc. now owns 4,939,917 shares of the company’s stock worth $159,362,000 after purchasing an additional 501,937 shares during the period. Kestra Investment Management LLC acquired a new stake in Fidelity Enhanced Large Cap Growth ETF during the second quarter worth about $14,766,000. Thrivent Financial for Lutherans bought a new position in Fidelity Enhanced Large Cap Growth ETF in the 2nd quarter valued at about $10,482,000. Truist Financial Corp raised its position in shares of Fidelity Enhanced Large Cap Growth ETF by 1,237.6% in the 2nd quarter. Truist Financial Corp now owns 206,311 shares of the company’s stock valued at $6,656,000 after buying an additional 190,887 shares in the last quarter. Finally, Sentinel Pension Advisors Inc. acquired a new position in shares of Fidelity Enhanced Large Cap Growth ETF in the 1st quarter valued at approximately $5,288,000.
Fidelity Enhanced Large Cap Growth ETF Trading Down 2.3 %
NYSEARCA FELG opened at $34.06 on Friday. The firm’s 50 day simple moving average is $33.35 and its 200 day simple moving average is $32.04. The firm has a market capitalization of $2.77 billion, a price-to-earnings ratio of 30.12 and a beta of 1.14. Fidelity Enhanced Large Cap Growth ETF has a 1 year low of $24.89 and a 1 year high of $35.23.
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.
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