Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) Sets New 1-Year High – Here’s What Happened

Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $45.63 and last traded at $45.51, with a volume of 237184 shares. The stock had previously closed at $45.42.

Fidelity Enhanced Large Cap Growth ETF Trading Up 0.2%

The stock has a market cap of $5.86 billion, a price-to-earnings ratio of 32.16 and a beta of 1.24. The company’s fifty day moving average is $43.76 and its two-hundred day moving average is $42.48.

Hedge Funds Weigh In On Fidelity Enhanced Large Cap Growth ETF

Several hedge funds have recently bought and sold shares of FELG. Sequoia Financial Advisors LLC raised its position in Fidelity Enhanced Large Cap Growth ETF by 2.1% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 13,781 shares of the company’s stock valued at $603,000 after purchasing an additional 277 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of Fidelity Enhanced Large Cap Growth ETF by 7.9% during the second quarter. NewEdge Advisors LLC now owns 75,944 shares of the company’s stock worth $3,323,000 after buying an additional 5,553 shares during the period. Citadel Advisors LLC purchased a new stake in shares of Fidelity Enhanced Large Cap Growth ETF during the second quarter worth approximately $3,659,000. Corient Private Wealth LP raised its holdings in Fidelity Enhanced Large Cap Growth ETF by 10.4% in the second quarter. Corient Private Wealth LP now owns 6,400 shares of the company’s stock valued at $280,000 after acquiring an additional 604 shares in the last quarter. Finally, Ameritas Advisory Services LLC purchased a new position in Fidelity Enhanced Large Cap Growth ETF in the second quarter worth approximately $233,000.

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.