Valmark Advisers Inc. Has $11.43 Million Stock Position in Fidelity Enhanced Large Cap Growth ETF $FELG

Valmark Advisers Inc. increased its stake in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) by 44.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 304,993 shares of the company’s stock after purchasing an additional 93,870 shares during the period. Valmark Advisers Inc. owned approximately 0.24% of Fidelity Enhanced Large Cap Growth ETF worth $11,434,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Baron Wealth Management LLC raised its position in shares of Fidelity Enhanced Large Cap Growth ETF by 172.2% in the 4th quarter. Baron Wealth Management LLC now owns 38,248 shares of the company’s stock valued at $1,595,000 after buying an additional 24,194 shares in the last quarter. Greenwood Capital Associates LLC raised its position in Fidelity Enhanced Large Cap Growth ETF by 44.8% during the fourth quarter. Greenwood Capital Associates LLC now owns 95,010 shares of the company’s stock valued at $3,962,000 after purchasing an additional 29,400 shares in the last quarter. Vantagepoint Investment Advisers LLC lifted its stake in Fidelity Enhanced Large Cap Growth ETF by 4.9% during the fourth quarter. Vantagepoint Investment Advisers LLC now owns 8,634,000 shares of the company’s stock worth $360,038,000 after purchasing an additional 402,930 shares during the last quarter. Pathfinder Wealth Consulting Inc. acquired a new stake in shares of Fidelity Enhanced Large Cap Growth ETF in the 4th quarter valued at $4,210,000. Finally, Sunbelt Securities Inc. boosted its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 154.6% in the 4th quarter. Sunbelt Securities Inc. now owns 40,505 shares of the company’s stock valued at $1,689,000 after purchasing an additional 24,595 shares in the last quarter.

Fidelity Enhanced Large Cap Growth ETF Stock Performance

Shares of Fidelity Enhanced Large Cap Growth ETF stock traded up $0.30 during trading on Friday, reaching $44.19. 184,807 shares of the company’s stock were exchanged, compared to its average volume of 639,822. 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 cap of $5.69 billion, a P/E ratio of 32.16 and a beta of 1.23. The firm’s 50-day moving average price is $43.67 and its 200 day moving average price is $41.42.

Fidelity Enhanced Large Cap Growth ETF 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.