Short Interest in Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) Declines By 54.1%

Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELGGet Free Report) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totaling 162,474 shares, a decline of 54.1% from the August 15th total of 353,832 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 384,253 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Fidelity Enhanced Large Cap Growth ETF

A number of institutional investors have recently modified their holdings of FELG. MML Investors Services LLC raised its stake in shares of Fidelity Enhanced Large Cap Growth ETF by 4.7% during the 4th quarter. MML Investors Services LLC now owns 6,343,591 shares of the company’s stock worth $264,528,000 after acquiring an additional 285,730 shares in the last quarter. Kestra Advisory Services LLC boosted its stake in Fidelity Enhanced Large Cap Growth ETF by 92.2% in the first quarter. Kestra Advisory Services LLC now owns 1,517,007 shares of the company’s stock valued at $56,873,000 after acquiring an additional 727,523 shares in the last quarter. Cetera Investment Advisers boosted its stake in Fidelity Enhanced Large Cap Growth ETF by 118.2% in the first quarter. Cetera Investment Advisers now owns 1,253,764 shares of the company’s stock valued at $47,004,000 after acquiring an additional 679,248 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Fidelity Enhanced Large Cap Growth ETF by 12.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 679,467 shares of the company’s stock worth $28,334,000 after purchasing an additional 75,247 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in Fidelity Enhanced Large Cap Growth ETF by 2.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 633,346 shares of the company’s stock worth $26,606,000 after purchasing an additional 16,682 shares during the last quarter.

Fidelity Enhanced Large Cap Growth ETF Stock Down 0.4%

Shares of NYSEARCA FELG traded down $0.18 during mid-day trading on Tuesday, reaching $43.50. 316,292 shares of the company were exchanged, compared to its average volume of 565,328. Fidelity Enhanced Large Cap Growth ETF has a 1 year low of $35.92 and a 1 year high of $45.63. The firm has a 50-day moving average of $43.70 and a 200 day moving average of $42.34. The stock has a market cap of $5.60 billion, a price-to-earnings ratio of 32.16 and a beta of 1.24.

Fidelity Enhanced Large Cap Growth ETF Company Profile

(Get Free Report)

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.

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