Capital Analysts LLC Lowers Stock Position in Fidelity Blue Chip Growth ETF $FBCG

Capital Analysts LLC cut its position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 51.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 179,131 shares of the company’s stock after selling 188,121 shares during the period. Capital Analysts LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $9,824,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in FBCG. Marshall Wace LLP purchased a new stake in Fidelity Blue Chip Growth ETF during the second quarter worth $1,040,000. Raymond James Financial Inc. purchased a new stake in Fidelity Blue Chip Growth ETF during the second quarter worth $203,000. Ausdal Financial Partners Inc. boosted its holdings in Fidelity Blue Chip Growth ETF by 23.3% during the second quarter. Ausdal Financial Partners Inc. now owns 6,195 shares of the company’s stock worth $299,000 after buying an additional 1,172 shares in the last quarter. Florida Financial Advisors LLC boosted its holdings in Fidelity Blue Chip Growth ETF by 29.6% during the second quarter. Florida Financial Advisors LLC now owns 10,001 shares of the company’s stock worth $482,000 after buying an additional 2,285 shares in the last quarter. Finally, CLG LLC boosted its holdings in Fidelity Blue Chip Growth ETF by 55.4% during the second quarter. CLG LLC now owns 90,057 shares of the company’s stock worth $4,344,000 after buying an additional 32,089 shares in the last quarter.

Fidelity Blue Chip Growth ETF Stock Performance

Shares of BATS FBCG opened at $60.55 on Wednesday. The company’s fifty day moving average price is $58.34 and its 200 day moving average price is $55.37. Fidelity Blue Chip Growth ETF has a 1 year low of $45.20 and a 1 year high of $64.32. The company has a market capitalization of $5.49 billion, a PE ratio of 29.62 and a beta of 1.32.

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.