Valmark Advisers Inc. Raises Position in Fidelity Enhanced Large Cap Growth ETF $FELG

Valmark Advisers Inc. increased its holdings in shares of Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) by 37.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 140,988 shares of the company’s stock after buying an additional 38,659 shares during the quarter. Valmark Advisers Inc. owned 0.13% of Fidelity Enhanced Large Cap Growth ETF worth $5,797,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FELG. Apex Wealth Management LLC acquired a new stake in shares of Fidelity Enhanced Large Cap Growth ETF during the third quarter worth $216,000. B&D White Capital Company LLC acquired a new stake in Fidelity Enhanced Large Cap Growth ETF during the 3rd quarter worth about $3,025,000. Investmark Advisory Group LLC lifted its position in Fidelity Enhanced Large Cap Growth ETF by 26.0% during the 3rd quarter. Investmark Advisory Group LLC now owns 67,730 shares of the company’s stock worth $2,785,000 after acquiring an additional 13,990 shares during the period. HB Wealth Management LLC purchased a new stake in Fidelity Enhanced Large Cap Growth ETF during the 3rd quarter valued at about $215,000. Finally, CoreCap Advisors LLC increased its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 82.2% in the third quarter. CoreCap Advisors LLC now owns 3,045 shares of the company’s stock valued at $125,000 after purchasing an additional 1,374 shares during the period.

Fidelity Enhanced Large Cap Growth ETF Trading Up 0.4%

Shares of NYSEARCA:FELG opened at $41.82 on Friday. Fidelity Enhanced Large Cap Growth ETF has a twelve month low of $26.91 and a twelve month high of $43.22. The company has a market cap of $4.74 billion, a PE ratio of 32.16 and a beta of 1.19. The company’s 50 day moving average is $41.69 and its 200 day moving average is $40.16.

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.