Spectrum Investment Advisors Inc. Has $27.84 Million Stock Holdings in Fidelity Enhanced Large Cap Growth ETF $FELG

Spectrum Investment Advisors Inc. cut its stake in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) by 1.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 677,029 shares of the company’s stock after selling 13,388 shares during the quarter. Fidelity Enhanced Large Cap Growth ETF comprises about 16.1% of Spectrum Investment Advisors Inc.’s holdings, making the stock its 2nd largest position. Spectrum Investment Advisors Inc.’s holdings in Fidelity Enhanced Large Cap Growth ETF were worth $27,839,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in FELG. Russell Investments Group Ltd. purchased a new position in shares of Fidelity Enhanced Large Cap Growth ETF during the 2nd quarter valued at about $40,000. Colonial Trust Advisors bought a new position in Fidelity Enhanced Large Cap Growth ETF during the second quarter valued at approximately $42,000. Steward Partners Investment Advisory LLC raised its stake in shares of Fidelity Enhanced Large Cap Growth ETF by 313.5% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,687 shares of the company’s stock worth $62,000 after acquiring an additional 1,279 shares in the last quarter. Grey Fox Wealth Advisors LLC bought a new stake in shares of Fidelity Enhanced Large Cap Growth ETF in the 3rd quarter worth approximately $65,000. Finally, CWM LLC bought a new stake in shares of Fidelity Enhanced Large Cap Growth ETF in the 2nd quarter worth approximately $86,000.

Fidelity Enhanced Large Cap Growth ETF Stock Performance

FELG stock opened at $40.25 on Friday. Fidelity Enhanced Large Cap Growth ETF has a 52 week low of $26.91 and a 52 week high of $43.22. The firm’s fifty day moving average is $41.47 and its 200 day moving average is $40.71. The firm has a market cap of $4.59 billion, a P/E ratio of 32.16 and a beta of 1.19.

Fidelity Enhanced Large Cap Growth ETF Company 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.