Triangle Securities Wealth Management Makes New $8.85 Million Investment in Fidelity Enhanced Large Cap Growth ETF $FELG

Triangle Securities Wealth Management acquired a new position in shares of Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) during the third quarter, Holdings Channel.com reports. The fund acquired 196,332 shares of the company’s stock, valued at approximately $8,853,000. Fidelity Enhanced Large Cap Growth ETF accounts for approximately 1.7% of Triangle Securities Wealth Management’s holdings, making the stock its 16th largest holding.

Other institutional investors have also added to or reduced their stakes in the company. Bay Capital Advisors LLC boosted its stake in Fidelity Enhanced Large Cap Growth ETF by 1.3% in the 1st quarter. Bay Capital Advisors LLC now owns 19,360 shares of the company’s stock worth $726,000 after purchasing an additional 253 shares during the period. Ball & Co Wealth Management Inc. grew its holdings in Fidelity Enhanced Large Cap Growth ETF by 0.9% during the 1st quarter. Ball & Co Wealth Management Inc. now owns 28,844 shares of the company’s stock valued at $1,081,000 after buying an additional 264 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in Fidelity Enhanced Large Cap Growth ETF by 2.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 13,781 shares of the company’s stock valued at $603,000 after buying an additional 277 shares in the last quarter. Bradley Foster & Sargent Inc. CT grew its holdings in Fidelity Enhanced Large Cap Growth ETF by 6.3% during the 1st quarter. Bradley Foster & Sargent Inc. CT now owns 6,493 shares of the company’s stock valued at $243,000 after buying an additional 382 shares in the last quarter. Finally, CoreCap Advisors LLC grew its holdings in Fidelity Enhanced Large Cap Growth ETF by 15.0% during the 3rd quarter. CoreCap Advisors LLC now owns 3,581 shares of the company’s stock valued at $161,000 after buying an additional 468 shares in the last quarter.

Fidelity Enhanced Large Cap Growth ETF Stock Down 2.2%

Shares of FELG opened at $44.65 on Thursday. The business’s 50-day moving average price is $44.64 and its 200-day moving average price is $43.29. Fidelity Enhanced Large Cap Growth ETF has a twelve month low of $35.92 and a twelve month high of $46.62. The stock has a market cap of $5.73 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.