JPMorgan Chase & Co. Cuts Holdings in Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG)

JPMorgan Chase & Co. trimmed its holdings in shares of Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) by 6.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 104,635 shares of the company’s stock after selling 7,255 shares during the period. JPMorgan Chase & Co. owned approximately 0.78% of Fidelity Fundamental Large Cap Growth ETF worth $2,506,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Traynor Capital Management Inc. purchased a new stake in Fidelity Fundamental Large Cap Growth ETF during the 3rd quarter valued at $5,306,000. Financial Management Network Inc. bought a new position in shares of Fidelity Fundamental Large Cap Growth ETF during the 3rd quarter valued at $5,185,000. Empire Life Investments Inc. bought a new position in shares of Fidelity Fundamental Large Cap Growth ETF during the 3rd quarter valued at $1,964,000. McGlone Suttner Wealth Management Inc. bought a new position in shares of Fidelity Fundamental Large Cap Growth ETF during the 3rd quarter valued at $1,273,000. Finally, Larson Financial Group LLC bought a new position in shares of Fidelity Fundamental Large Cap Growth ETF during the 3rd quarter valued at $1,205,000.

Fidelity Fundamental Large Cap Growth ETF Price Performance

BATS FFLG opened at $25.69 on Tuesday. The company has a market cap of $342.50 million, a PE ratio of 36.74 and a beta of 1.44. The company’s fifty day moving average price is $25.52 and its two-hundred day moving average price is $24.25.

Fidelity Fundamental Large Cap Growth ETF Profile

The Fidelity Fundamental Large Cap Growth ETF (FFLG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in large-cap growth stocks from US and foreign issuers. Stocks are selected based on fundamental factors FFLG was launched on Feb 2, 2021 and is issued by Fidelity.