PNC Financial Services Group Inc. Has $32.58 Million Position in Fidelity Blue Chip Growth ETF $FBCG

PNC Financial Services Group Inc. raised its stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 16.1% in the first quarter, Holdings Channel reports. The fund owned 650,024 shares of the company’s stock after acquiring an additional 89,959 shares during the period. PNC Financial Services Group Inc.’s holdings in Fidelity Blue Chip Growth ETF were worth $32,579,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. MML Investors Services LLC increased its holdings in Fidelity Blue Chip Growth ETF by 4.8% in the 4th quarter. MML Investors Services LLC now owns 1,179,739 shares of the company’s stock worth $64,697,000 after buying an additional 54,074 shares during the period. Quotient Wealth Partners LLC lifted its stake in Fidelity Blue Chip Growth ETF by 21.3% during the 4th quarter. Quotient Wealth Partners LLC now owns 57,276 shares of the company’s stock valued at $3,141,000 after acquiring an additional 10,069 shares during the period. Savvy Advisors Inc. acquired a new stake in Fidelity Blue Chip Growth ETF during the 4th quarter valued at approximately $2,977,000. Thrivent Financial for Lutherans boosted its holdings in shares of Fidelity Blue Chip Growth ETF by 405.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 1,458,331 shares of the company’s stock valued at $79,975,000 after acquiring an additional 1,169,960 shares during the last quarter. Finally, Certified Advisory Corp boosted its holdings in shares of Fidelity Blue Chip Growth ETF by 21.6% in the 1st quarter. Certified Advisory Corp now owns 48,463 shares of the company’s stock valued at $2,429,000 after acquiring an additional 8,618 shares during the last quarter.

Fidelity Blue Chip Growth ETF Price Performance

BATS:FBCG opened at $59.68 on Friday. The company’s fifty day moving average price is $61.44 and its 200-day moving average price is $56.87. Fidelity Blue Chip Growth ETF has a 1-year low of $47.60 and a 1-year high of $64.32. The firm has a market capitalization of $5.42 billion, a P/E ratio of 29.62 and a beta of 1.32.

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.