Raymond James & Associates Acquires New Stake in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Raymond James & Associates acquired a new stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 30,999 shares of the company’s stock, valued at approximately $1,033,000. Raymond James & Associates owned approximately 0.21% of Fidelity Blue Chip Growth ETF at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in FBCG. Money Concepts Capital Corp bought a new stake in Fidelity Blue Chip Growth ETF in the 4th quarter valued at $48,000. FMR LLC lifted its position in Fidelity Blue Chip Growth ETF by 139.4% during the 3rd quarter. FMR LLC now owns 3,273 shares of the company’s stock worth $95,000 after buying an additional 1,906 shares in the last quarter. Sunbelt Securities Inc. bought a new stake in Fidelity Blue Chip Growth ETF during the 2nd quarter worth about $96,000. Avior Wealth Management LLC lifted its position in Fidelity Blue Chip Growth ETF by 250.0% during the 3rd quarter. Avior Wealth Management LLC now owns 3,500 shares of the company’s stock worth $101,000 after buying an additional 2,500 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in Fidelity Blue Chip Growth ETF by 120.7% during the 4th quarter. Bank of America Corp DE now owns 6,195 shares of the company’s stock worth $131,000 after buying an additional 3,388 shares in the last quarter.

Fidelity Blue Chip Growth ETF Stock Down 3.0 %

Shares of BATS:FBCG opened at $35.75 on Monday. The business’s 50 day simple moving average is $37.62 and its 200-day simple moving average is $33.98. The company has a market cap of $1.35 billion, a PE ratio of 35.45 and a beta of 1.43.

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.