Kestra Investment Management LLC Grows Stake in Fidelity Enhanced Large Cap Growth ETF $FELG

Kestra Investment Management LLC grew its position in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) by 79.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 787,460 shares of the company’s stock after purchasing an additional 348,715 shares during the quarter. Kestra Investment Management LLC owned about 0.82% of Fidelity Enhanced Large Cap Growth ETF worth $24,805,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. grew its holdings in Fidelity Enhanced Large Cap Growth ETF by 6.4% in the first quarter. Envestnet Asset Management Inc. now owns 5,517,121 shares of the company’s stock worth $173,789,000 after purchasing an additional 333,741 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in Fidelity Enhanced Large Cap Growth ETF by 88.6% in the first quarter. Commonwealth Equity Services LLC now owns 2,380,869 shares of the company’s stock worth $74,997,000 after purchasing an additional 1,118,173 shares during the last quarter. LPL Financial LLC grew its holdings in Fidelity Enhanced Large Cap Growth ETF by 116.7% in the first quarter. LPL Financial LLC now owns 1,243,952 shares of the company’s stock worth $39,184,000 after purchasing an additional 669,864 shares during the last quarter. Raymond James Financial Inc. grew its holdings in Fidelity Enhanced Large Cap Growth ETF by 119.8% in the first quarter. Raymond James Financial Inc. now owns 827,178 shares of the company’s stock worth $26,056,000 after purchasing an additional 450,913 shares during the last quarter. Finally, Kestra Advisory Services LLC grew its holdings in Fidelity Enhanced Large Cap Growth ETF by 21.5% in the first quarter. Kestra Advisory Services LLC now owns 478,191 shares of the company’s stock worth $15,063,000 after purchasing an additional 84,724 shares during the last quarter.

Fidelity Enhanced Large Cap Growth ETF Trading Down 0.2%

NYSEARCA FELG opened at $39.28 on Friday. The firm’s fifty day simple moving average is $38.18 and its two-hundred day simple moving average is $34.90. Fidelity Enhanced Large Cap Growth ETF has a 12-month low of $26.91 and a 12-month high of $39.72. The firm has a market capitalization of $3.92 billion, a P/E ratio of 32.16 and a beta of 1.14.

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.