J.W. Cole Advisors Inc. Purchases New Position in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG)

J.W. Cole Advisors Inc. bought a new stake in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 15,207 shares of the company’s stock, valued at approximately $491,000.

Other hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its position in shares of Fidelity Enhanced Large Cap Growth ETF by 11.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,939,917 shares of the company’s stock valued at $159,362,000 after buying an additional 501,937 shares in the last quarter. Kuhn & Co Investment Counsel increased its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 33.3% in the second quarter. Kuhn & Co Investment Counsel now owns 11,826 shares of the company’s stock worth $382,000 after acquiring an additional 2,952 shares in the last quarter. Birchcreek Wealth Management LLC acquired a new stake in shares of Fidelity Enhanced Large Cap Growth ETF during the second quarter worth about $230,000. Commonwealth Equity Services LLC lifted its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 31.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 360,853 shares of the company’s stock valued at $11,641,000 after purchasing an additional 85,469 shares in the last quarter. Finally, Harbour Investments Inc. grew its position in shares of Fidelity Enhanced Large Cap Growth ETF by 137.9% in the 2nd quarter. Harbour Investments Inc. now owns 12,883 shares of the company’s stock valued at $416,000 after purchasing an additional 7,467 shares during the period.

Fidelity Enhanced Large Cap Growth ETF Stock Performance

Shares of FELG stock opened at $32.20 on Wednesday. Fidelity Enhanced Large Cap Growth ETF has a 52 week low of $24.89 and a 52 week high of $33.79. The company’s 50 day moving average price is $31.70 and its two-hundred day moving average price is $30.71. The company has a market capitalization of $2.62 billion, a P/E ratio of 30.12 and a beta of 1.14.

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.