Fidelity Covington Trust - Fidelity Enhanced Large Cap Growth ETF (FLGEX)
Fidelity Covington Trust - Fidelity Enhanced Large Cap Growth ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $30.08, down 0.03% on the session, giving a market capitalisation of $2.04B. Its beta of 1.05 implies it has historically moved more than the broad market.
This fund primarily aims to achieve substantial long-term growth for its investors. It generally commits at least 80% of its total assets to common stocks that are components of the Russell 1000® Growth Index. This specific index is weighted by the market value of its constituents and is designed to reflect the returns of large, expanding companies within the U.S. stock market. The fund's investments are not limited to domestic firms; it also holds shares of international companies.
Fidelity Covington Trust - Fidelity Enhanced Large Cap Growth ETF is most often compared with the following Financial Services names: