D.A. Davidson & CO. Purchases 50,878 Shares of Fidelity Blue Chip Growth ETF $FBCG

D.A. Davidson & CO. lifted its position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 291.9% in the fourth quarter, HoldingsChannel reports. The fund owned 68,305 shares of the company’s stock after buying an additional 50,878 shares during the period. D.A. Davidson & CO.’s holdings in Fidelity Blue Chip Growth ETF were worth $3,746,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in FBCG. Marshall Wace LLP bought a new stake in shares of Fidelity Blue Chip Growth ETF during the second quarter worth $1,040,000. Raymond James Financial Inc. bought a new stake in shares of Fidelity Blue Chip Growth ETF during the second quarter worth $203,000. Ausdal Financial Partners Inc. raised its position in shares of Fidelity Blue Chip Growth ETF by 23.3% during the second quarter. Ausdal Financial Partners Inc. now owns 6,195 shares of the company’s stock worth $299,000 after acquiring an additional 1,172 shares during the last quarter. Florida Financial Advisors LLC raised its position in shares of Fidelity Blue Chip Growth ETF by 29.6% during the second quarter. Florida Financial Advisors LLC now owns 10,001 shares of the company’s stock worth $482,000 after acquiring an additional 2,285 shares during the last quarter. Finally, CLG LLC raised its position in shares of Fidelity Blue Chip Growth ETF by 55.4% during the second quarter. CLG LLC now owns 90,057 shares of the company’s stock worth $4,344,000 after acquiring an additional 32,089 shares during the last quarter.

Fidelity Blue Chip Growth ETF Stock Down 0.3%

FBCG stock opened at $57.85 on Thursday. The company has a market cap of $5.25 billion, a P/E ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a twelve month low of $39.17 and a twelve month high of $58.75. The business has a fifty day moving average of $53.32 and a 200-day moving average of $54.00.

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.