Geneva Partners LLC Acquires Shares of 10,667 Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG)

Geneva Partners LLC acquired a new position in shares of Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 10,667 shares of the company’s stock, valued at approximately $354,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. boosted its stake in 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 purchasing an additional 501,937 shares during the period. Spectrum Investment Advisors Inc. raised its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 2.1% in the first quarter. Spectrum Investment Advisors Inc. now owns 687,464 shares of the company’s stock valued at $20,315,000 after buying an additional 14,117 shares during the last quarter. Kestra Investment Management LLC acquired a new stake in shares of Fidelity Enhanced Large Cap Growth ETF during the second quarter worth about $14,766,000. Commonwealth Equity Services LLC grew its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 31.0% during the second quarter. Commonwealth Equity Services LLC now owns 360,853 shares of the company’s stock worth $11,641,000 after buying an additional 85,469 shares during the last quarter. Finally, Thrivent Financial for Lutherans acquired a new position in Fidelity Enhanced Large Cap Growth ETF in the 2nd quarter valued at about $10,482,000.

Fidelity Enhanced Large Cap Growth ETF Stock Down 0.3 %

FELG opened at $33.20 on Tuesday. The business has a 50 day moving average price of $32.82 and a two-hundred day moving average price of $31.69. Fidelity Enhanced Large Cap Growth ETF has a 52 week low of $24.89 and a 52 week high of $34.26. The company has a market cap of $2.70 billion, a PE 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.