Envestnet Asset Management Inc. Has $183.28 Million Stake in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG)

Envestnet Asset Management Inc. increased its position in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) by 1.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,183,380 shares of the company’s stock after buying an additional 56,052 shares during the period. Envestnet Asset Management Inc. owned 6.38% of Fidelity Enhanced Large Cap Growth ETF worth $183,284,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Larson Financial Group LLC increased its stake in shares of Fidelity Enhanced Large Cap Growth ETF by 147.5% during the 4th quarter. Larson Financial Group LLC now owns 901 shares of the company’s stock worth $32,000 after purchasing an additional 537 shares during the last quarter. HighTower Advisors LLC increased its position in Fidelity Enhanced Large Cap Growth ETF by 4.1% during the third quarter. HighTower Advisors LLC now owns 17,190 shares of the company’s stock worth $569,000 after buying an additional 679 shares during the last quarter. Sunbelt Securities Inc. raised its holdings in Fidelity Enhanced Large Cap Growth ETF by 20.3% during the third quarter. Sunbelt Securities Inc. now owns 5,963 shares of the company’s stock valued at $198,000 after buying an additional 1,006 shares in the last quarter. Cornerstone Planning Group LLC acquired a new stake in shares of Fidelity Enhanced Large Cap Growth ETF in the fourth quarter worth about $38,000. Finally, US Bancorp DE lifted its position in shares of Fidelity Enhanced Large Cap Growth ETF by 38.3% in the fourth quarter. US Bancorp DE now owns 3,905 shares of the company’s stock worth $138,000 after buying an additional 1,082 shares during the last quarter.

Fidelity Enhanced Large Cap Growth ETF Stock Performance

Shares of NYSEARCA FELG opened at $28.40 on Monday. The business’s 50-day simple moving average is $33.95 and its 200-day simple moving average is $34.46. Fidelity Enhanced Large Cap Growth ETF has a 52 week low of $27.76 and a 52 week high of $36.91. The firm has a market cap of $2.70 billion, a price-to-earnings ratio of 29.72 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.