Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) Short Interest Update

Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) was the target of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 286,050 shares, an increase of 198.3% from the May 14th total of 95,901 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 355,926 shares, the days-to-cover ratio is presently 0.8 days.

Fidelity Enhanced Large Cap Growth ETF Trading Up 1.8%

NYSEARCA FELG opened at $42.99 on Friday. The stock has a market cap of $5.43 billion, a PE ratio of 32.16 and a beta of 1.22. Fidelity Enhanced Large Cap Growth ETF has a twelve month low of $35.09 and a twelve month high of $45.63. The stock has a fifty day simple moving average of $42.46 and a 200-day simple moving average of $41.19.

Hedge Funds Weigh In On Fidelity Enhanced Large Cap Growth ETF

Large investors have recently made changes to their positions in the stock. Baron Wealth Management LLC lifted its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 172.2% in the 4th quarter. Baron Wealth Management LLC now owns 38,248 shares of the company’s stock worth $1,595,000 after acquiring an additional 24,194 shares during the last quarter. Greenwood Capital Associates LLC raised its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 44.8% in 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 during the period. Savvy Advisors Inc. purchased a new stake in shares of Fidelity Enhanced Large Cap Growth ETF in the 4th quarter valued at $3,075,000. Vantagepoint Investment Advisers LLC raised its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 4.9% in 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 during the period. Finally, Cannon Wealth Management Services LLC purchased a new stake in shares of Fidelity Enhanced Large Cap Growth ETF in the 4th quarter valued at $4,771,000.

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.