Formidable Asset Management LLC Buys Shares of 13,222 Fidelity Enhanced Large Cap Growth ETF $FELG

Formidable Asset Management LLC bought a new position in shares of Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) during the 1st quarter, HoldingsChannel reports. The firm bought 13,222 shares of the company’s stock, valued at approximately $496,000.

Other large investors have also recently made changes to their positions in the company. Baron Wealth Management LLC lifted its holdings in Fidelity Enhanced Large Cap Growth ETF by 172.2% during the 4th quarter. Baron Wealth Management LLC now owns 38,248 shares of the company’s stock worth $1,595,000 after purchasing an additional 24,194 shares in the last quarter. Greenwood Capital Associates LLC grew its holdings in Fidelity Enhanced Large Cap Growth ETF by 44.8% during the 4th quarter. Greenwood Capital Associates LLC now owns 95,010 shares of the company’s stock valued at $3,962,000 after buying an additional 29,400 shares in the last quarter. Vantagepoint Investment Advisers LLC grew its holdings in Fidelity Enhanced Large Cap Growth ETF by 4.9% during the 4th quarter. Vantagepoint Investment Advisers LLC now owns 8,634,000 shares of the company’s stock valued at $360,038,000 after buying an additional 402,930 shares in the last quarter. Pathfinder Wealth Consulting Inc. bought a new stake in shares of Fidelity Enhanced Large Cap Growth ETF during the fourth quarter valued at about $4,210,000. Finally, Savvy Advisors Inc. bought a new stake in shares of Fidelity Enhanced Large Cap Growth ETF during the fourth quarter valued at about $3,075,000.

Fidelity Enhanced Large Cap Growth ETF Trading Up 2.3%

Shares of Fidelity Enhanced Large Cap Growth ETF stock opened at $43.16 on Tuesday. The company’s 50-day moving average price is $43.39 and its 200-day moving average price is $41.29. Fidelity Enhanced Large Cap Growth ETF has a 12-month low of $35.92 and a 12-month high of $45.63. The company has a market cap of $5.45 billion, a price-to-earnings ratio of 32.16 and a beta of 1.22.

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.