Thoroughbred Financial Services LLC Purchases New Position in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG)

Thoroughbred Financial Services LLC acquired a new stake in shares of Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 6,110 shares of the company’s stock, valued at approximately $216,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in shares of Fidelity Enhanced Large Cap Growth ETF by 18.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 406,776 shares of the company’s stock worth $13,497,000 after purchasing an additional 62,541 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in Fidelity Enhanced Large Cap Growth ETF by 202.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 12,180 shares of the company’s stock worth $431,000 after purchasing an additional 8,156 shares in the last quarter. Principal Securities Inc. increased its position in Fidelity Enhanced Large Cap Growth ETF by 1,469.3% during the fourth quarter. Principal Securities Inc. now owns 1,789 shares of the company’s stock worth $63,000 after buying an additional 1,675 shares during the last quarter. HighTower Advisors LLC increased its position in Fidelity Enhanced Large Cap Growth ETF by 4.1% during the third quarter. HighTower Advisors LLC now owns 17,190 shares of the company’s stock worth $569,000 after buying an additional 679 shares during the last quarter. Finally, Iron Horse Wealth Management LLC bought a new position in Fidelity Enhanced Large Cap Growth ETF during the fourth quarter valued at about $46,000.

Fidelity Enhanced Large Cap Growth ETF Price Performance

Shares of NYSEARCA:FELG opened at $28.43 on Tuesday. The stock has a market capitalization of $2.71 billion, a P/E ratio of 29.72 and a beta of 1.14. The business has a 50-day moving average of $33.81 and a two-hundred day moving average of $34.43. Fidelity Enhanced Large Cap Growth ETF has a fifty-two week low of $26.91 and a fifty-two week high of $36.91.

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.