Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its stake in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) by 11.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,939,917 shares of the company’s stock after acquiring an additional 501,937 shares during the period. Envestnet Asset Management Inc. owned 6.08% of Fidelity Enhanced Large Cap Growth ETF worth $159,362,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in FELG. Sentinel Pension Advisors Inc. acquired a new stake in shares of Fidelity Enhanced Large Cap Growth ETF in the 1st quarter worth approximately $5,288,000. Rollins Financial bought a new stake in shares of Fidelity Enhanced Large Cap Growth ETF in the 4th quarter worth approximately $3,907,000. Cambridge Investment Research Advisors Inc. bought a new stake in shares of Fidelity Enhanced Large Cap Growth ETF in the 4th quarter worth approximately $2,829,000. Commonwealth Equity Services LLC raised its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 31.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 360,853 shares of the company’s stock worth $11,641,000 after purchasing an additional 85,469 shares in the last quarter. Finally, Financial Partners Group Inc bought a new stake in shares of Fidelity Enhanced Large Cap Growth ETF in the 2nd quarter worth approximately $941,000.

Fidelity Enhanced Large Cap Growth ETF Price Performance

NYSEARCA FELG opened at $32.29 on Monday. The company’s 50 day simple moving average is $31.75 and its 200 day simple moving average is $30.67. Fidelity Enhanced Large Cap Growth ETF has a 12 month low of $24.89 and a 12 month high of $33.79. The company has a market capitalization of $2.62 billion, a P/E ratio of 30.12 and a beta of 1.14.

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.