Herbst Group LLC Takes Position in Fidelity Fundamental Large Cap Growth ETF $FFLG

Herbst Group LLC acquired a new position in Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) during the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 9,000 shares of the company’s stock, valued at approximately $239,000.

Several other hedge funds have also recently added to or reduced their stakes in FFLG. Cambridge Investment Research Advisors Inc. raised its position in Fidelity Fundamental Large Cap Growth ETF by 4.4% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 99,962 shares of the company’s stock worth $2,213,000 after acquiring an additional 4,207 shares during the last quarter. Citadel Advisors LLC acquired a new position in shares of Fidelity Fundamental Large Cap Growth ETF during the 4th quarter worth approximately $238,000. Two Sigma Investments LP lifted its stake in Fidelity Fundamental Large Cap Growth ETF by 171.1% in the 4th quarter. Two Sigma Investments LP now owns 72,100 shares of the company’s stock valued at $1,808,000 after buying an additional 45,500 shares in the last quarter. Cetera Investment Advisers lifted its stake in Fidelity Fundamental Large Cap Growth ETF by 2.0% in the 1st quarter. Cetera Investment Advisers now owns 175,170 shares of the company’s stock valued at $3,878,000 after buying an additional 3,381 shares in the last quarter. Finally, McGlone Suttner Wealth Management Inc. grew its holdings in Fidelity Fundamental Large Cap Growth ETF by 2.8% during the 1st quarter. McGlone Suttner Wealth Management Inc. now owns 55,331 shares of the company’s stock valued at $1,225,000 after buying an additional 1,500 shares during the last quarter.

Fidelity Fundamental Large Cap Growth ETF Stock Up 7.8%

BATS FFLG opened at $29.18 on Thursday. Fidelity Fundamental Large Cap Growth ETF has a fifty-two week low of $18.62 and a fifty-two week high of $27.46. The business has a fifty day moving average of $28.22 and a 200-day moving average of $25.30. The stock has a market cap of $485.85 million, a price-to-earnings ratio of 34.87 and a beta of 1.27.

Fidelity Fundamental Large Cap Growth ETF Company Profile

The Fidelity Fundamental Large Cap Growth ETF (FFLG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in large-cap growth stocks from US and foreign issuers. Stocks are selected based on fundamental factors FFLG was launched on Feb 2, 2021 and is issued by Fidelity.