Fidelity Enhanced Large Cap Growth ETF $FELG Shares Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. grew its position in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) by 12.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 679,467 shares of the company’s stock after purchasing an additional 75,247 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.60% of Fidelity Enhanced Large Cap Growth ETF worth $28,334,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Moors & Cabot Inc. raised its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 29.1% in the 4th quarter. Moors & Cabot Inc. now owns 6,382 shares of the company’s stock valued at $266,000 after purchasing an additional 1,437 shares in the last quarter. Godfrey Financial Associates Inc. acquired a new stake in shares of Fidelity Enhanced Large Cap Growth ETF in the 4th quarter valued at $740,000. IFG Advisory LLC raised its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 3.4% in the 4th quarter. IFG Advisory LLC now owns 22,403 shares of the company’s stock valued at $934,000 after purchasing an additional 741 shares in the last quarter. Bleakley Financial Group LLC acquired a new stake in shares of Fidelity Enhanced Large Cap Growth ETF in the 4th quarter valued at $12,543,000. Finally, Harbour Investments Inc. raised its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 13.8% in the 4th quarter. Harbour Investments Inc. now owns 38,905 shares of the company’s stock valued at $1,622,000 after purchasing an additional 4,705 shares in the last quarter.

Fidelity Enhanced Large Cap Growth ETF Stock Performance

Shares of FELG opened at $45.14 on Monday. Fidelity Enhanced Large Cap Growth ETF has a twelve month low of $34.37 and a twelve month high of $45.26. The firm’s fifty day simple moving average is $41.28 and its 200-day simple moving average is $41.00. The firm has a market capitalization of $5.70 billion, a price-to-earnings ratio of 32.16 and a beta of 1.21.

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.