Marshall Investment Management LLC Acquires 289,569 Shares of Fidelity Fundamental Large Cap Growth ETF $FFLG

Marshall Investment Management LLC increased its holdings in Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) by 1,747.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor 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 accounts for 4.8% of Marshall Investment Management LLC’s holdings, making the stock its 2nd biggest position. Marshall Investment Management LLC owned about 1.84% of Fidelity Fundamental Large Cap Growth ETF worth $9,025,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FFLG. J.W. Cole Advisors Inc. grew its position in Fidelity Fundamental Large Cap Growth ETF by 2.5% in the third quarter. J.W. Cole Advisors Inc. now owns 14,529 shares of the company’s stock worth $428,000 after buying an additional 360 shares during the last quarter. CLG LLC lifted its position 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 acquiring an additional 492 shares during the last quarter. Benjamin Edwards Inc. lifted its position in shares of Fidelity Fundamental Large Cap Growth ETF by 2.9% during the 2nd quarter. Benjamin Edwards Inc. now owns 19,518 shares of the company’s stock valued at $519,000 after acquiring an additional 546 shares during the last quarter. Avantax Advisory Services Inc. boosted its stake in shares of Fidelity Fundamental Large Cap Growth ETF by 0.3% during the 2nd quarter. Avantax Advisory Services Inc. now owns 204,588 shares of the company’s stock worth $5,436,000 after acquiring an additional 632 shares in the last quarter. Finally, PKS Advisory Services LLC boosted its stake in shares of Fidelity Fundamental Large Cap Growth ETF by 7.1% during the 3rd quarter. PKS Advisory Services LLC now owns 12,113 shares of the company’s stock worth $357,000 after acquiring an additional 800 shares in the last quarter.

Fidelity Fundamental Large Cap Growth ETF Stock Up 1.6%

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

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.