221,564 Shares in Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) Acquired by Traynor Capital Management Inc.

Traynor Capital Management Inc. bought a new position in shares of Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 221,564 shares of the company’s stock, valued at approximately $5,306,000. Traynor Capital Management Inc. owned 1.66% of Fidelity Fundamental Large Cap Growth ETF at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in FFLG. Financial Management Network Inc. bought a new position in Fidelity Fundamental Large Cap Growth ETF during the 3rd quarter worth approximately $5,185,000. McGlone Suttner Wealth Management Inc. bought a new position in Fidelity Fundamental Large Cap Growth ETF during the 3rd quarter worth approximately $1,273,000. Finally, Avaii Wealth Management LLC bought a new position in Fidelity Fundamental Large Cap Growth ETF during the 3rd quarter worth approximately $344,000.

Fidelity Fundamental Large Cap Growth ETF Trading Up 0.0 %

Fidelity Fundamental Large Cap Growth ETF stock opened at $24.65 on Tuesday. The stock’s 50-day moving average price is $23.67 and its 200 day moving average price is $23.01. The company has a market cap of $328.58 million, a price-to-earnings ratio of 36.74 and a beta of 1.44.

About Fidelity Fundamental Large Cap Growth ETF

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.