Cambridge Investment Research Advisors Inc. Increases Holdings in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Cambridge Investment Research Advisors Inc. raised its stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 21.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 353,630 shares of the company’s stock after acquiring an additional 62,085 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Fidelity Blue Chip Growth ETF were worth $15,008,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Atria Wealth Solutions Inc. increased its position in shares of Fidelity Blue Chip Growth ETF by 9.5% during the fourth quarter. Atria Wealth Solutions Inc. now owns 65,996 shares of the company’s stock valued at $2,198,000 after acquiring an additional 5,727 shares in the last quarter. Avaii Wealth Management LLC increased its holdings in shares of Fidelity Blue Chip Growth ETF by 2.5% in the 4th quarter. Avaii Wealth Management LLC now owns 13,518 shares of the company’s stock worth $450,000 after purchasing an additional 329 shares in the last quarter. Adell Harriman & Carpenter Inc. raised its stake in shares of Fidelity Blue Chip Growth ETF by 0.9% in the fourth quarter. Adell Harriman & Carpenter Inc. now owns 32,266 shares of the company’s stock worth $1,075,000 after purchasing an additional 288 shares during the last quarter. Kestra Private Wealth Services LLC raised its stake in shares of Fidelity Blue Chip Growth ETF by 367.3% in the fourth quarter. Kestra Private Wealth Services LLC now owns 151,446 shares of the company’s stock worth $5,045,000 after purchasing an additional 119,040 shares during the last quarter. Finally, Essex Financial Services Inc. lifted its holdings in shares of Fidelity Blue Chip Growth ETF by 48.0% during the fourth quarter. Essex Financial Services Inc. now owns 10,778 shares of the company’s stock valued at $359,000 after purchasing an additional 3,497 shares in the last quarter.

Fidelity Blue Chip Growth ETF Price Performance

BATS FBCG opened at $41.90 on Wednesday. The stock has a 50 day simple moving average of $41.61 and a 200-day simple moving average of $39.57. The company has a market cap of $1.59 billion, a P/E ratio of 35.50 and a beta of 1.47.

Fidelity Blue Chip Growth ETF Profile

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.