Sovran Advisors LLC Buys 16,401 Shares of Fidelity Enhanced Large Cap Growth ETF $FELG

Sovran Advisors LLC boosted its stake in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) by 162.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 26,496 shares of the company’s stock after acquiring an additional 16,401 shares during the quarter. Sovran Advisors LLC’s holdings in Fidelity Enhanced Large Cap Growth ETF were worth $980,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FELG. Ameriprise Financial Inc. acquired a new position in Fidelity Enhanced Large Cap Growth ETF in the 4th quarter valued at approximately $240,000. Citadel Advisors LLC acquired a new position in Fidelity Enhanced Large Cap Growth ETF in the 4th quarter valued at approximately $2,724,000. Ball & Co Wealth Management Inc. acquired a new stake in shares of Fidelity Enhanced Large Cap Growth ETF during the fourth quarter worth $1,294,000. Perennial Advisors LLC acquired a new stake in shares of Fidelity Enhanced Large Cap Growth ETF during the fourth quarter worth $448,000. Finally, Wood Tarver Financial Group LLC acquired a new stake in shares of Fidelity Enhanced Large Cap Growth ETF during the fourth quarter worth $201,000.

Fidelity Enhanced Large Cap Growth ETF Stock Up 0.6%

FELG opened at $40.78 on Friday. Fidelity Enhanced Large Cap Growth ETF has a twelve month low of $26.91 and a twelve month high of $40.95. The company has a fifty day moving average of $38.75 and a 200-day moving average of $35.24. The stock has a market cap of $4.07 billion, a PE ratio of 32.16 and a beta of 1.14.

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.