Cetera Investment Advisers Purchases 18,240 Shares of Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG)

Cetera Investment Advisers raised its position in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) by 58.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 49,287 shares of the company’s stock after buying an additional 18,240 shares during the quarter. Cetera Investment Advisers owned about 0.06% of Fidelity Enhanced Large Cap Growth ETF worth $1,590,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 11.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,939,917 shares of the company’s stock worth $159,362,000 after buying an additional 501,937 shares in the last quarter. Spectrum Investment Advisors Inc. raised its stake in Fidelity Enhanced Large Cap Growth ETF by 2.1% during the first quarter. Spectrum Investment Advisors Inc. now owns 687,464 shares of the company’s stock worth $20,315,000 after acquiring an additional 14,117 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 31.0% in the second quarter. Commonwealth Equity Services LLC now owns 360,853 shares of the company’s stock worth $11,641,000 after acquiring an additional 85,469 shares during the last quarter. Thrivent Financial for Lutherans acquired a new stake in shares of Fidelity Enhanced Large Cap Growth ETF in the 2nd quarter valued at approximately $10,482,000. Finally, Truist Financial Corp grew its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 1,237.6% during the 2nd quarter. Truist Financial Corp now owns 206,311 shares of the company’s stock valued at $6,656,000 after purchasing an additional 190,887 shares during the last quarter.

Fidelity Enhanced Large Cap Growth ETF Stock Performance

NYSEARCA FELG opened at $33.89 on Tuesday. The firm’s fifty day moving average price is $32.16 and its two-hundred day moving average price is $31.22. The stock has a market cap of $2.75 billion, a PE ratio of 30.12 and a beta of 1.14. Fidelity Enhanced Large Cap Growth ETF has a fifty-two week low of $24.89 and a fifty-two week high of $33.99.

Fidelity Enhanced Large Cap Growth ETF 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.