Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) saw an uptick in trading volume on Tuesday . 465,850 shares were traded during mid-day trading, an increase of 56% from the previous session’s volume of 299,357 shares.The stock last traded at $33.19 and had previously closed at $32.99.

Fidelity Enhanced Large Cap Growth ETF Stock Down 0.6 %

The stock has a market capitalization of $3.07 billion, a PE ratio of 29.72 and a beta of 1.14. The company’s fifty day moving average price is $34.66 and its 200-day moving average price is $34.48.

Institutional Investors Weigh In On Fidelity Enhanced Large Cap Growth ETF

Institutional investors have recently modified their holdings of the business. Wood Tarver Financial Group LLC purchased a new position in shares of Fidelity Enhanced Large Cap Growth ETF in the fourth quarter worth approximately $201,000. Perennial Advisors LLC purchased a new position in shares of Fidelity Enhanced Large Cap Growth ETF during the 4th quarter worth $448,000. Ball & Co Wealth Management Inc. bought a new stake in shares of Fidelity Enhanced Large Cap Growth ETF during the 4th quarter valued at $1,294,000. Salus Financial Advisors LLC purchased a new stake in shares of Fidelity Enhanced Large Cap Growth ETF in the 4th quarter worth $6,832,000. Finally, Redwood Financial Network Corp bought a new position in Fidelity Enhanced Large Cap Growth ETF in the 4th quarter worth $406,000.

Fidelity Enhanced Large Cap Growth ETF Company 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.