Fidelity Blue Chip Growth ETF (BATS:FBCG) Stake Raised by Advantage Trust Co

Advantage Trust Co boosted its stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 95.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 124,131 shares of the company’s stock after purchasing an additional 60,578 shares during the period. Fidelity Blue Chip Growth ETF makes up approximately 3.4% of Advantage Trust Co’s portfolio, making the stock its 10th biggest holding. Advantage Trust Co owned 0.33% of Fidelity Blue Chip Growth ETF worth $5,742,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Dahring Cusmano LLC acquired a new position in shares of Fidelity Blue Chip Growth ETF in the 4th quarter valued at $2,896,000. Private Advisor Group LLC raised its position in shares of Fidelity Blue Chip Growth ETF by 17.8% in the fourth quarter. Private Advisor Group LLC now owns 59,662 shares of the company’s stock worth $2,760,000 after acquiring an additional 9,023 shares during the period. Bfsg LLC boosted its stake in shares of Fidelity Blue Chip Growth ETF by 17.7% during the 4th quarter. Bfsg LLC now owns 117,178 shares of the company’s stock worth $5,421,000 after acquiring an additional 17,617 shares in the last quarter. Truist Financial Corp grew its position in shares of Fidelity Blue Chip Growth ETF by 6.9% during the 4th quarter. Truist Financial Corp now owns 7,658 shares of the company’s stock valued at $354,000 after acquiring an additional 491 shares during the period. Finally, J.W. Cole Advisors Inc. increased its stake in shares of Fidelity Blue Chip Growth ETF by 6.9% in the 4th quarter. J.W. Cole Advisors Inc. now owns 57,936 shares of the company’s stock valued at $2,680,000 after purchasing an additional 3,741 shares in the last quarter.

Fidelity Blue Chip Growth ETF Stock Up 1.7 %

BATS FBCG opened at $46.62 on Friday. The firm has a market cap of $1.77 billion, a PE ratio of 35.50 and a beta of 1.47. The business has a fifty day simple moving average of $47.46 and a 200-day simple moving average of $44.72.

About Fidelity Blue Chip Growth ETF

The Fidelity Blue Chip Growth ETF (FBCG) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund is an actively-managed, non-transparent fund of fundamentally-selected global growth stocks. The fund utilizes the Fidelity non-transparent model. FBCG was launched on Jun 3, 2020 and is managed by Fidelity.