Valmark Advisers Inc. Buys 40,274 Shares of Fidelity Enhanced Large Cap Growth ETF $FELG

Valmark Advisers Inc. raised its stake in shares of Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) by 64.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 102,329 shares of the company’s stock after acquiring an additional 40,274 shares during the period. Valmark Advisers Inc. owned about 0.10% of Fidelity Enhanced Large Cap Growth ETF worth $3,789,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Sound Income Strategies LLC bought a new position in Fidelity Enhanced Large Cap Growth ETF during the 1st quarter valued at $32,000. Abound Wealth Management bought a new stake in shares of Fidelity Enhanced Large Cap Growth ETF during the 2nd quarter worth $40,000. Farther Finance Advisors LLC bought a new stake in shares of Fidelity Enhanced Large Cap Growth ETF during the 2nd quarter worth $40,000. Rogco LP bought a new stake in shares of Fidelity Enhanced Large Cap Growth ETF during the 2nd quarter worth $56,000. Finally, Cullen Frost Bankers Inc. raised its stake in shares of Fidelity Enhanced Large Cap Growth ETF by 29.3% during the 1st quarter. Cullen Frost Bankers Inc. now owns 2,786 shares of the company’s stock worth $88,000 after purchasing an additional 632 shares during the period.

Fidelity Enhanced Large Cap Growth ETF Price Performance

NYSEARCA FELG opened at $41.48 on Thursday. The stock has a market capitalization of $4.50 billion, a price-to-earnings ratio of 32.16 and a beta of 1.14. Fidelity Enhanced Large Cap Growth ETF has a one year low of $26.91 and a one year high of $41.52. The business’s fifty day moving average is $39.70 and its 200-day moving average is $36.08.

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.