D.A. Davidson & CO. Has $7.15 Million Stock Position in Fidelity Blue Chip Growth ETF $FBCG

D.A. Davidson & CO. increased its position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 108.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 142,683 shares of the company’s stock after buying an additional 74,378 shares during the period. D.A. Davidson & CO. owned 0.16% of Fidelity Blue Chip Growth ETF worth $7,151,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of FBCG. Align Financial LLC acquired a new stake in shares of Fidelity Blue Chip Growth ETF in the 4th quarter valued at $845,406,000. JPMorgan Chase & Co. raised its position in shares of Fidelity Blue Chip Growth ETF by 4.9% during the fourth quarter. JPMorgan Chase & Co. now owns 9,760,021 shares of the company’s stock worth $535,240,000 after acquiring an additional 452,011 shares during the last quarter. Dynasty Wealth Management LLC grew its holdings in Fidelity Blue Chip Growth ETF by 6.1% during the 4th quarter. Dynasty Wealth Management LLC now owns 7,442,209 shares of the company’s stock worth $408,131,000 after acquiring an additional 431,140 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Fidelity Blue Chip Growth ETF by 249.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,325,514 shares of the company’s stock worth $127,531,000 after purchasing an additional 1,660,026 shares during the period. Finally, Bank of America Corp DE increased its stake in Fidelity Blue Chip Growth ETF by 2.1% during the 3rd quarter. Bank of America Corp DE now owns 1,555,385 shares of the company’s stock worth $83,462,000 after purchasing an additional 32,087 shares in the last quarter.

Fidelity Blue Chip Growth ETF Stock Down 1.3%

FBCG stock opened at $59.97 on Friday. Fidelity Blue Chip Growth ETF has a twelve month low of $47.60 and a twelve month high of $64.32. The company has a market cap of $5.44 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32. The business has a 50 day moving average price of $61.50 and a two-hundred day moving average price of $56.71.

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.