Flagship Wealth Advisors LLC Has $4.63 Million Position in Fidelity Enhanced Large Cap Growth ETF $FELG

Flagship Wealth Advisors LLC lowered its position in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) by 18.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 125,041 shares of the company’s stock after selling 28,263 shares during the quarter. Fidelity Enhanced Large Cap Growth ETF accounts for about 1.9% of Flagship Wealth Advisors LLC’s holdings, making the stock its 14th largest position. Flagship Wealth Advisors LLC’s holdings in Fidelity Enhanced Large Cap Growth ETF were worth $4,630,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Greenwood Capital Associates LLC grew its position in Fidelity Enhanced Large Cap Growth ETF by 44.8% in the fourth quarter. Greenwood Capital Associates LLC now owns 95,010 shares of the company’s stock valued at $3,962,000 after acquiring an additional 29,400 shares during the period. Sunbelt Securities Inc. raised its stake in shares of Fidelity Enhanced Large Cap Growth ETF by 154.6% in the fourth quarter. Sunbelt Securities Inc. now owns 40,505 shares of the company’s stock worth $1,689,000 after acquiring an additional 24,595 shares during the last quarter. Cannon Wealth Management Services LLC acquired a new position in Fidelity Enhanced Large Cap Growth ETF during the 4th quarter worth $4,771,000. Vantagepoint Investment Advisers LLC lifted its stake in shares of 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 valued at $360,038,000 after acquiring an additional 402,930 shares during the period. Finally, Pathfinder Wealth Consulting Inc. bought a new position in shares of Fidelity Enhanced Large Cap Growth ETF in the 4th quarter valued at about $4,210,000.

Fidelity Enhanced Large Cap Growth ETF Stock Performance

FELG opened at $42.54 on Friday. The company has a fifty day moving average price of $43.38 and a two-hundred day moving average price of $41.51. Fidelity Enhanced Large Cap Growth ETF has a 52 week low of $35.92 and a 52 week high of $45.63. The firm has a market capitalization of $5.47 billion, a PE ratio of 32.16 and a beta of 1.23.

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.