Independence Financial Advisors LLC Increases Stock Position in Fidelity Enhanced Large Cap Growth ETF $FELG

Independence Financial Advisors LLC boosted its position in shares of Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) by 4.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 1,399,471 shares of the company’s stock after purchasing an additional 58,871 shares during the quarter. Fidelity Enhanced Large Cap Growth ETF comprises about 15.9% of Independence Financial Advisors LLC’s holdings, making the stock its biggest holding. Independence Financial Advisors LLC owned 1.09% of Fidelity Enhanced Large Cap Growth ETF worth $63,102,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Bay Capital Advisors LLC lifted its stake in shares of Fidelity Enhanced Large Cap Growth ETF by 1.3% in the first quarter. Bay Capital Advisors LLC now owns 19,360 shares of the company’s stock worth $726,000 after buying an additional 253 shares in the last quarter. Ball & Co Wealth Management Inc. grew its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 0.9% during the first quarter. Ball & Co Wealth Management Inc. now owns 28,844 shares of the company’s stock valued at $1,081,000 after buying an additional 264 shares during the last quarter. Sequoia Financial Advisors LLC increased its position in shares of Fidelity Enhanced Large Cap Growth ETF by 2.1% during the second quarter. Sequoia Financial Advisors LLC now owns 13,781 shares of the company’s stock valued at $603,000 after acquiring an additional 277 shares in the last quarter. Bradley Foster & Sargent Inc. CT increased its position in shares of Fidelity Enhanced Large Cap Growth ETF by 6.3% during the first quarter. Bradley Foster & Sargent Inc. CT now owns 6,493 shares of the company’s stock valued at $243,000 after acquiring an additional 382 shares in the last quarter. Finally, CoreCap Advisors LLC raised its holdings in Fidelity Enhanced Large Cap Growth ETF by 15.0% in the 3rd quarter. CoreCap Advisors LLC now owns 3,581 shares of the company’s stock worth $161,000 after acquiring an additional 468 shares during the last quarter.

Fidelity Enhanced Large Cap Growth ETF Trading Down 1.2%

FELG stock traded down $0.56 during midday trading on Thursday, hitting $45.69. The company’s stock had a trading volume of 870,366 shares, compared to its average volume of 550,985. The firm’s 50-day moving average is $44.42 and its 200-day moving average is $43.01. Fidelity Enhanced Large Cap Growth ETF has a 12 month low of $35.92 and a 12 month high of $46.62. The company has a market cap of $5.86 billion, a PE ratio of 32.16 and a beta of 1.23.

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.