Bay Capital Advisors LLC Makes New $570,000 Investment in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG)

Bay Capital Advisors LLC purchased a new stake in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 16,108 shares of the company’s stock, valued at approximately $570,000.

A number of other hedge funds have also modified their holdings of the business. Proficio Capital Partners LLC lifted its position in Fidelity Enhanced Large Cap Growth ETF by 3,617.6% in the fourth quarter. Proficio Capital Partners LLC now owns 1,230,528 shares of the company’s stock valued at $43,511,000 after buying an additional 1,197,428 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 107.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,262,696 shares of the company’s stock worth $44,649,000 after acquiring an additional 655,146 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Fidelity Enhanced Large Cap Growth ETF during the 4th quarter worth approximately $13,305,000. MML Investors Services LLC increased its holdings in Fidelity Enhanced Large Cap Growth ETF by 4.0% in the 3rd quarter. MML Investors Services LLC now owns 4,780,788 shares of the company’s stock valued at $158,627,000 after purchasing an additional 182,509 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in Fidelity Enhanced Large Cap Growth ETF by 44.8% during the fourth quarter. LPL Financial LLC now owns 574,088 shares of the company’s stock worth $20,300,000 after purchasing an additional 177,620 shares in the last quarter.

Fidelity Enhanced Large Cap Growth ETF Stock Up 2.2 %

FELG opened at $32.99 on Tuesday. Fidelity Enhanced Large Cap Growth ETF has a 52 week low of $27.76 and a 52 week high of $36.91. The business has a fifty day simple moving average of $34.76 and a 200-day simple moving average of $34.48. The firm has a market cap of $3.14 billion, a P/E ratio of 29.72 and a beta of 1.14.

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.