Fidelity Enhanced Large Cap Growth ETF $FELG Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its stake in shares of Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) by 12.5% during the 4th quarter, Holdings Channel.com reports. The fund owned 679,467 shares of the company’s stock after purchasing an additional 75,247 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Fidelity Enhanced Large Cap Growth ETF were worth $28,334,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FELG. Royal Bank of Canada raised its stake in Fidelity Enhanced Large Cap Growth ETF by 52.0% during the 1st quarter. Royal Bank of Canada now owns 45,754 shares of the company’s stock worth $1,442,000 after acquiring an additional 15,660 shares in the last quarter. Russell Investments Group Ltd. acquired a new stake in Fidelity Enhanced Large Cap Growth ETF during the 2nd quarter worth $40,000. Marshall Wace LLP acquired a new stake in Fidelity Enhanced Large Cap Growth ETF during the 2nd quarter worth $1,289,000. NewEdge Advisors LLC raised its stake in Fidelity Enhanced Large Cap Growth ETF by 31.2% during the 2nd quarter. NewEdge Advisors LLC now owns 22,225 shares of the company’s stock worth $823,000 after acquiring an additional 5,284 shares in the last quarter. Finally, Quantinno Capital Management LP acquired a new stake in Fidelity Enhanced Large Cap Growth ETF during the 2nd quarter worth $407,000.

Fidelity Enhanced Large Cap Growth ETF Price Performance

Shares of NYSEARCA:FELG opened at $45.14 on Monday. The company’s fifty day moving average price is $41.28 and its 200 day moving average price is $41.00. Fidelity Enhanced Large Cap Growth ETF has a 12 month low of $34.37 and a 12 month high of $45.26. The firm has a market capitalization of $5.70 billion, a P/E ratio of 32.16 and a beta of 1.21.

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.