Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) Short Interest Update

Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) 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. Based on an average daily trading volume, of 384,253 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the shares of the company are sold short.

Fidelity Enhanced Large Cap Growth ETF Stock Performance

Shares of NYSEARCA:FELG opened at $44.08 on Monday. The stock has a 50 day moving average of $43.70 and a 200 day moving average of $42.29. The company has a market cap of $5.67 billion, a PE ratio of 32.16 and a beta of 1.24. Fidelity Enhanced Large Cap Growth ETF has a 12-month low of $35.92 and a 12-month high of $45.63.

Institutional Investors Weigh In On Fidelity Enhanced Large Cap Growth ETF

Institutional investors have recently bought and sold shares of the business. IAG Wealth Partners LLC increased its stake in Fidelity Enhanced Large Cap Growth ETF by 2,267.9% in the 4th quarter. IAG Wealth Partners LLC now owns 663 shares of the company’s stock worth $28,000 after acquiring an additional 635 shares during the last quarter. Russell Investments Group Ltd. bought a new stake in Fidelity Enhanced Large Cap Growth ETF in the second quarter worth about $40,000. Anchor Investment Management LLC purchased a new position in shares of Fidelity Enhanced Large Cap Growth ETF during the fourth quarter valued at approximately $61,000. Aptus Capital Advisors LLC purchased a new position in shares of Fidelity Enhanced Large Cap Growth ETF during the third quarter valued at approximately $62,000. Finally, Fifth Third Bancorp grew its stake in shares of Fidelity Enhanced Large Cap Growth ETF by 4,727.1% during the first quarter. Fifth Third Bancorp now owns 3,379 shares of the company’s stock valued at $127,000 after buying an additional 3,309 shares during the last quarter.

About Fidelity Enhanced Large Cap Growth ETF

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.