158,610 Fidelity Fundamental Large Cap Growth ETF $FFLG Shares Sold by Traynor Capital Management Inc.

Traynor Capital Management Inc. lessened its stake in Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) by 88.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 21,329 shares of the company’s stock after selling 158,610 shares during the quarter. Traynor Capital Management Inc.’s holdings in Fidelity Fundamental Large Cap Growth ETF were worth $726,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. MWA Asset Management acquired a new position in Fidelity Fundamental Large Cap Growth ETF during the 1st quarter valued at about $78,000. Latitude Advisors LLC bought a new stake in shares of Fidelity Fundamental Large Cap Growth ETF during the 3rd quarter worth about $104,000. Independent Financial Group LLC acquired a new stake in shares of Fidelity Fundamental Large Cap Growth ETF in the 1st quarter worth approximately $326,000. CLG LLC lifted its stake in shares of Fidelity Fundamental Large Cap Growth ETF by 33.1% in the 1st quarter. CLG LLC now owns 12,162 shares of the company’s stock worth $338,000 after acquiring an additional 3,027 shares during the period. Finally, IFP Advisors Inc lifted its stake in shares of Fidelity Fundamental Large Cap Growth ETF by 3,681.2% in the 3rd quarter. IFP Advisors Inc now owns 12,289 shares of the company’s stock worth $419,000 after acquiring an additional 11,964 shares during the period.

Fidelity Fundamental Large Cap Growth ETF Price Performance

Fidelity Fundamental Large Cap Growth ETF stock opened at $30.72 on Tuesday. The firm has a 50 day simple moving average of $33.31 and a 200-day simple moving average of $32.03. The stock has a market capitalization of $587.67 million, a PE ratio of 24.91 and a beta of 1.34. Fidelity Fundamental Large Cap Growth ETF has a 12-month low of $26.40 and a 12-month high of $35.33.

Fidelity Fundamental Large Cap Growth ETF Profile

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.