Nations Financial Group Inc. IA ADV Raises Stock Position in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Nations Financial Group Inc. IA ADV increased its stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 443.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 263,030 shares of the company’s stock after acquiring an additional 214,597 shares during the quarter. Fidelity Blue Chip Growth ETF makes up about 0.9% of Nations Financial Group Inc. IA ADV’s portfolio, making the stock its 15th biggest holding. Nations Financial Group Inc. IA ADV’s holdings in Fidelity Blue Chip Growth ETF were worth $12,168,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Pathway Financial Advisers LLC increased its holdings in Fidelity Blue Chip Growth ETF by 29.0% in the 4th quarter. Pathway Financial Advisers LLC now owns 1,211 shares of the company’s stock worth $56,000 after acquiring an additional 272 shares in the last quarter. Wealth Effects LLC boosted its stake in Fidelity Blue Chip Growth ETF by 3.6% during the 4th quarter. Wealth Effects LLC now owns 9,011 shares of the company’s stock worth $417,000 after purchasing an additional 311 shares during the last quarter. Adell Harriman & Carpenter Inc. boosted its stake in Fidelity Blue Chip Growth ETF by 1.0% during the 4th quarter. Adell Harriman & Carpenter Inc. now owns 33,621 shares of the company’s stock worth $1,555,000 after purchasing an additional 338 shares during the last quarter. Sachetta LLC boosted its stake in Fidelity Blue Chip Growth ETF by 1.3% during the 3rd quarter. Sachetta LLC now owns 26,554 shares of the company’s stock worth $1,136,000 after purchasing an additional 350 shares during the last quarter. Finally, LJI Wealth Management LLC boosted its stake in Fidelity Blue Chip Growth ETF by 2.6% during the 3rd quarter. LJI Wealth Management LLC now owns 14,270 shares of the company’s stock worth $610,000 after purchasing an additional 361 shares during the last quarter.

Fidelity Blue Chip Growth ETF Stock Performance

Shares of FBCG opened at $48.48 on Friday. The business’s 50-day simple moving average is $47.43 and its two-hundred day simple moving average is $44.37. The firm has a market cap of $1.84 billion, a PE 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.