IFP Advisors Inc Lowers Stock Position in Fidelity Blue Chip Growth ETF (BATS:FBCG)

IFP Advisors Inc trimmed its holdings in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 49.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,582 shares of the company’s stock after selling 31,501 shares during the quarter. IFP Advisors Inc’s holdings in Fidelity Blue Chip Growth ETF were worth $1,507,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in Fidelity Blue Chip Growth ETF by 11.3% in the third quarter. JPMorgan Chase & Co. now owns 3,057,016 shares of the company’s stock valued at $130,749,000 after purchasing an additional 311,037 shares during the period. FMR LLC grew its holdings in shares of Fidelity Blue Chip Growth ETF by 9.5% during the third quarter. FMR LLC now owns 21,931 shares of the company’s stock worth $938,000 after buying an additional 1,911 shares during the last quarter. HighTower Advisors LLC increased its position in Fidelity Blue Chip Growth ETF by 2.6% in the 3rd quarter. HighTower Advisors LLC now owns 167,572 shares of the company’s stock valued at $7,167,000 after acquiring an additional 4,226 shares during the period. Stifel Financial Corp increased its position in Fidelity Blue Chip Growth ETF by 39.8% in the 3rd quarter. Stifel Financial Corp now owns 12,702 shares of the company’s stock valued at $543,000 after acquiring an additional 3,618 shares during the period. Finally, 17 Capital Partners LLC raised its stake in Fidelity Blue Chip Growth ETF by 29.4% during the 3rd quarter. 17 Capital Partners LLC now owns 10,107 shares of the company’s stock valued at $432,000 after acquiring an additional 2,295 shares during the last quarter.

Fidelity Blue Chip Growth ETF Stock Down 0.5 %

Shares of FBCG opened at $45.60 on Thursday. The firm has a market cap of $1.73 billion, a PE ratio of 35.50 and a beta of 1.47. The firm has a 50-day moving average price of $47.30 and a two-hundred day moving average price of $44.92.

About Fidelity Blue Chip Growth ETF

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.