Fidelity Blue Chip Growth ETF $FBCG is Advantage Trust Co’s 9th Largest Position

Advantage Trust Co increased its stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 8.7% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 234,419 shares of the company’s stock after purchasing an additional 18,828 shares during the period. Fidelity Blue Chip Growth ETF accounts for about 5.3% of Advantage Trust Co’s portfolio, making the stock its 9th largest position. Advantage Trust Co owned about 0.26% of Fidelity Blue Chip Growth ETF worth $11,749,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of FBCG. NBC Securities Inc. purchased a new position in Fidelity Blue Chip Growth ETF in the 4th quarter worth $35,000. Arax Advisory Partners acquired a new position in shares of Fidelity Blue Chip Growth ETF in the fourth quarter valued at about $35,000. Meramec Financial Planners LLC purchased a new position in shares of Fidelity Blue Chip Growth ETF in the first quarter worth about $51,000. Royal Bank of Canada raised its stake in shares of Fidelity Blue Chip Growth ETF by 104.0% in the fourth quarter. Royal Bank of Canada now owns 1,112 shares of the company’s stock worth $61,000 after purchasing an additional 567 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC acquired a new stake in shares of Fidelity Blue Chip Growth ETF during the fourth quarter worth about $62,000.

Fidelity Blue Chip Growth ETF Stock Down 2.2%

Shares of BATS FBCG opened at $60.74 on Friday. The business’s 50 day moving average price is $61.52 and its 200 day moving average price is $56.68. The firm has a market cap of $5.51 billion, a P/E ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a 52 week low of $47.60 and a 52 week high of $64.32.

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.