11,484 Shares in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) Purchased by Redwood Financial Network Corp

Redwood Financial Network Corp purchased a new stake in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 11,484 shares of the company’s stock, valued at approximately $406,000.

Several other hedge funds have also recently bought and sold shares of the stock. Steward Partners Investment Advisory LLC boosted its stake in Fidelity Enhanced Large Cap Growth ETF by 202.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 12,180 shares of the company’s stock valued at $431,000 after purchasing an additional 8,156 shares during the period. Principal Securities Inc. lifted its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 1,469.3% during the fourth quarter. Principal Securities Inc. now owns 1,789 shares of the company’s stock worth $63,000 after buying an additional 1,675 shares in the last quarter. Avantax Advisory Services Inc. lifted its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 97.6% during the fourth quarter. Avantax Advisory Services Inc. now owns 75,447 shares of the company’s stock worth $2,668,000 after buying an additional 37,257 shares in the last quarter. Iron Horse Wealth Management LLC bought a new stake in shares of Fidelity Enhanced Large Cap Growth ETF in the fourth quarter valued at about $46,000. Finally, US Bancorp DE grew its stake in shares of Fidelity Enhanced Large Cap Growth ETF by 38.3% in the fourth quarter. US Bancorp DE now owns 3,905 shares of the company’s stock valued at $138,000 after acquiring an additional 1,082 shares in the last quarter.

Fidelity Enhanced Large Cap Growth ETF Stock Performance

NYSEARCA:FELG opened at $34.88 on Thursday. Fidelity Enhanced Large Cap Growth ETF has a 52 week low of $26.91 and a 52 week high of $36.91. The firm has a market cap of $3.36 billion, a price-to-earnings ratio of 30.19 and a beta of 1.14. The firm’s 50-day simple moving average is $31.45 and its 200 day simple moving average is $34.01.

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.