MLG Wealth Management DBA Pine Grove Financial Group Sells 53,874 Shares of Fidelity Enhanced Large Cap Growth ETF $FELG

MLG Wealth Management DBA Pine Grove Financial Group decreased its stake in shares of Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) by 14.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 329,684 shares of the company’s stock after selling 53,874 shares during the quarter. Fidelity Enhanced Large Cap Growth ETF makes up 1.5% of MLG Wealth Management DBA Pine Grove Financial Group’s portfolio, making the stock its 21st largest position. MLG Wealth Management DBA Pine Grove Financial Group owned 0.26% of Fidelity Enhanced Large Cap Growth ETF worth $14,459,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. IAG Wealth Partners LLC raised its stake in shares of Fidelity Enhanced Large Cap Growth ETF by 2,267.9% during the fourth quarter. IAG Wealth Partners LLC now owns 663 shares of the company’s stock valued at $28,000 after acquiring an additional 635 shares in the last quarter. Russell Investments Group Ltd. bought a new position in Fidelity Enhanced Large Cap Growth ETF in the second quarter worth approximately $40,000. Anchor Investment Management LLC purchased a new position in Fidelity Enhanced Large Cap Growth ETF during the 4th quarter worth $61,000. Aptus Capital Advisors LLC purchased a new position in Fidelity Enhanced Large Cap Growth ETF during the 3rd quarter worth $62,000. Finally, Fifth Third Bancorp raised its position in Fidelity Enhanced Large Cap Growth ETF by 4,727.1% during the 1st quarter. Fifth Third Bancorp now owns 3,379 shares of the company’s stock valued at $127,000 after purchasing an additional 3,309 shares in the last quarter.

Fidelity Enhanced Large Cap Growth ETF Stock Performance

Shares of FELG stock opened at $44.47 on Tuesday. Fidelity Enhanced Large Cap Growth ETF has a twelve month low of $35.92 and a twelve month high of $45.63. The stock has a market capitalization of $5.72 billion, a price-to-earnings ratio of 32.16 and a beta of 1.24. The stock has a fifty day simple moving average of $43.64 and a two-hundred day simple moving average of $42.17.

Fidelity Enhanced Large Cap Growth ETF Company 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.