Cetera Investment Advisers Grows Stake in Fidelity Enhanced Large Cap Growth ETF $FELG

Cetera Investment Advisers increased its holdings in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) by 118.2% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,253,764 shares of the company’s stock after buying an additional 679,248 shares during the period. Cetera Investment Advisers owned 0.99% of Fidelity Enhanced Large Cap Growth ETF worth $47,004,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Royal Bank of Canada increased its stake in Fidelity Enhanced Large Cap Growth ETF by 52.0% in the 1st quarter. Royal Bank of Canada now owns 45,754 shares of the company’s stock worth $1,442,000 after acquiring an additional 15,660 shares during the last quarter. Russell Investments Group Ltd. purchased a new stake in shares of Fidelity Enhanced Large Cap Growth ETF in the 2nd quarter valued at about $40,000. Marshall Wace LLP bought a new stake in shares of Fidelity Enhanced Large Cap Growth ETF during the 2nd quarter valued at about $1,289,000. NewEdge Advisors LLC increased its position in shares of Fidelity Enhanced Large Cap Growth ETF by 31.2% in the second quarter. NewEdge Advisors LLC now owns 22,225 shares of the company’s stock worth $823,000 after purchasing an additional 5,284 shares during the last quarter. Finally, Quantinno Capital Management LP bought a new position in shares of Fidelity Enhanced Large Cap Growth ETF in the second quarter worth approximately $407,000.

Fidelity Enhanced Large Cap Growth ETF Price Performance

Shares of FELG opened at $42.20 on Friday. Fidelity Enhanced Large Cap Growth ETF has a 1-year low of $35.92 and a 1-year high of $45.63. The company has a market capitalization of $5.43 billion, a P/E ratio of 32.16 and a beta of 1.23. The firm’s 50 day simple moving average is $43.58 and its 200 day simple moving average is $41.50.

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.