Fidelity Fundamental Large Cap Growth ETF $FFLG Stake Boosted by Marshall Investment Management LLC

Marshall Investment Management LLC lifted its stake in Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) by 1,747.5% during the third quarter, HoldingsChannel reports. The fund owned 306,139 shares of the company’s stock after purchasing an additional 289,569 shares during the quarter. Fidelity Fundamental Large Cap Growth ETF comprises approximately 4.8% of Marshall Investment Management LLC’s holdings, making the stock its 2nd biggest position. Marshall Investment Management LLC’s holdings in Fidelity Fundamental Large Cap Growth ETF were worth $9,025,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. CWM LLC grew its stake in Fidelity Fundamental Large Cap Growth ETF by 248.5% in the third quarter. CWM LLC now owns 2,945 shares of the company’s stock valued at $87,000 after purchasing an additional 2,100 shares in the last quarter. DAVENPORT & Co LLC acquired a new position in Fidelity Fundamental Large Cap Growth ETF in the 3rd quarter worth about $206,000. Raymond James Financial Inc. purchased a new stake in shares of Fidelity Fundamental Large Cap Growth ETF during the 2nd quarter worth about $219,000. CLG LLC lifted its holdings in shares of Fidelity Fundamental Large Cap Growth ETF by 6.2% during the 3rd quarter. CLG LLC now owns 8,470 shares of the company’s stock valued at $250,000 after buying an additional 492 shares during the last quarter. Finally, PKS Advisory Services LLC lifted its holdings in shares of Fidelity Fundamental Large Cap Growth ETF by 24.3% during the 2nd quarter. PKS Advisory Services LLC now owns 11,313 shares of the company’s stock valued at $301,000 after buying an additional 2,210 shares during the last quarter.

Fidelity Fundamental Large Cap Growth ETF Stock Performance

Shares of BATS FFLG opened at $28.76 on Tuesday. The business has a 50 day simple moving average of $29.65 and a 200 day simple moving average of $29.58. Fidelity Fundamental Large Cap Growth ETF has a 52 week low of $18.62 and a 52 week high of $31.01. The stock has a market cap of $478.85 million, a price-to-earnings ratio of 34.87 and a beta of 1.27.

About Fidelity Fundamental Large Cap Growth ETF

The Fidelity Fundamental Large Cap Growth ETF (FFLG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in large-cap growth stocks from US and foreign issuers. Stocks are selected based on fundamental factors FFLG was launched on Feb 2, 2021 and is issued by Fidelity.