Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) Sees Large Decrease in Short Interest

by · The Cerbat Gem

Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG – Get Free Report) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 69,152 shares, a decrease of 75.8% from the May 31st total of 286,050 shares. Based on an average daily volume of 601,985 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Fidelity Enhanced Large Cap Growth ETF Stock Up 0.2%

Shares of FELG opened at $42.19 on Friday. Fidelity Enhanced Large Cap Growth ETF has a 52-week low of $35.92 and a 52-week high of $45.63. The stock has a market cap of $5.32 billion, a PE ratio of 32.16 and a beta of 1.22. The firm’s fifty day moving average is $43.36 and its two-hundred day moving average is $41.29.

Hedge Funds Weigh In On Fidelity Enhanced Large Cap Growth ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Bay Capital Advisors LLC raised its holdings in Fidelity Enhanced Large Cap Growth ETF by 1.3% in the 1st quarter. Bay Capital Advisors LLC now owns 19,360 shares of the company’s stock valued at $726,000 after acquiring an additional 253 shares during the last quarter. Ball & Co Wealth Management Inc. boosted its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 0.9% during the 1st quarter. Ball & Co Wealth Management Inc. now owns 28,844 shares of the company’s stock worth $1,081,000 after purchasing an additional 264 shares during the last quarter. Great Valley Advisor Group Inc. grew its position in shares of Fidelity Enhanced Large Cap Growth ETF by 2.0% in the second quarter. Great Valley Advisor Group Inc. now owns 14,217 shares of the company’s stock valued at $527,000 after purchasing an additional 285 shares in the last quarter. Mariner LLC grew its position in shares of Fidelity Enhanced Large Cap Growth ETF by 1.3% in the third quarter. Mariner LLC now owns 22,985 shares of the company’s stock valued at $945,000 after purchasing an additional 287 shares in the last quarter. Finally, Costello Asset Management INC increased its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 51.9% in the fourth quarter. Costello Asset Management INC now owns 1,025 shares of the company’s stock valued at $43,000 after purchasing an additional 350 shares during the last quarter.

About Fidelity Enhanced Large Cap Growth ETF

(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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