Sequoia Financial Advisors LLC Takes $506,000 Position in Fidelity Enhanced Large Cap Growth ETF $FELG

Sequoia Financial Advisors LLC purchased a new position in shares of Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 13,504 shares of the company’s stock, valued at approximately $506,000.

A number of other hedge funds have also recently made changes to their positions in FELG. Bay Capital Advisors LLC grew its position 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 valued at $726,000 after acquiring an additional 253 shares in the last quarter. Great Valley Advisor Group Inc. grew its holdings in Fidelity Enhanced Large Cap Growth ETF by 2.0% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 14,217 shares of the company’s stock worth $527,000 after acquiring an additional 285 shares in the last quarter. Mariner LLC grew its stake in shares of Fidelity Enhanced Large Cap Growth ETF by 1.3% during the third quarter. Mariner LLC now owns 22,985 shares of the company’s stock worth $945,000 after purchasing an additional 287 shares in the last quarter. Costello Asset Management INC boosted its position in shares of Fidelity Enhanced Large Cap Growth ETF by 51.9% during the 4th quarter. Costello Asset Management INC now owns 1,025 shares of the company’s stock worth $43,000 after acquiring an additional 350 shares in the last quarter. Finally, Advyzon Investment Management LLC boosted its holdings in Fidelity Enhanced Large Cap Growth ETF by 3.2% in the fourth quarter. Advyzon Investment Management LLC now owns 11,552 shares of the company’s stock valued at $482,000 after purchasing an additional 361 shares in the last quarter.

Fidelity Enhanced Large Cap Growth ETF Price Performance

NYSEARCA FELG opened at $42.79 on Tuesday. 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 capitalization of $5.51 billion, a price-to-earnings ratio of 32.16 and a beta of 1.23. The firm’s fifty day moving average price is $43.69 and its 200 day moving average price is $41.47.

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.