Advantage Trust Co Acquires Shares of 63,553 Fidelity Blue Chip Growth ETF (BATS:FBCG)

Advantage Trust Co purchased a new stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 63,553 shares of the company’s stock, valued at approximately $2,718,000. Fidelity Blue Chip Growth ETF accounts for about 1.8% of Advantage Trust Co’s holdings, making the stock its 12th largest holding. Advantage Trust Co owned approximately 0.17% of Fidelity Blue Chip Growth ETF at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. IAG Wealth Partners LLC bought a new stake in shares of Fidelity Blue Chip Growth ETF during the 2nd quarter worth approximately $28,000. Larson Financial Group LLC purchased a new stake in shares of Fidelity Blue Chip Growth ETF during the second quarter valued at $30,000. Pathway Financial Advisers LLC grew its holdings in shares of Fidelity Blue Chip Growth ETF by 530.2% in the third quarter. Pathway Financial Advisers LLC now owns 939 shares of the company’s stock worth $40,000 after purchasing an additional 790 shares during the last quarter. Mark Sheptoff Financial Planning LLC lifted its holdings in Fidelity Blue Chip Growth ETF by 33.0% during the 1st quarter. Mark Sheptoff Financial Planning LLC now owns 1,786 shares of the company’s stock valued at $69,000 after buying an additional 443 shares in the last quarter. Finally, Armstrong Advisory Group Inc. bought a new stake in Fidelity Blue Chip Growth ETF during the 3rd quarter valued at about $70,000.

Fidelity Blue Chip Growth ETF Price Performance

FBCG stock traded up $0.28 during mid-day trading on Friday, reaching $46.22. The company had a trading volume of 441,259 shares. The business has a 50 day moving average of $42.68 and a 200 day moving average of $41.46. The stock has a market cap of $1.75 billion, a P/E ratio of 35.50 and a beta of 1.47.

Fidelity Blue Chip Growth ETF Company 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.