Fidelity Blue Chip Growth ETF $FBCG Shares Sold by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC cut its stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 7.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 111,648 shares of the company’s stock after selling 9,479 shares during the period. Kestra Private Wealth Services LLC owned approximately 0.12% of Fidelity Blue Chip Growth ETF worth $5,596,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Arax Advisory Partners purchased a new position in Fidelity Blue Chip Growth ETF in the 4th quarter worth about $35,000. NBC Securities Inc. purchased a new stake in Fidelity Blue Chip Growth ETF during the fourth quarter valued at about $35,000. Royal Bank of Canada lifted its stake in Fidelity Blue Chip Growth ETF by 104.0% during the fourth quarter. Royal Bank of Canada now owns 1,112 shares of the company’s stock valued at $61,000 after buying an additional 567 shares in the last quarter. Steward Partners Investment Advisory LLC acquired a new position in shares of Fidelity Blue Chip Growth ETF in the fourth quarter worth about $62,000. Finally, Raleigh Capital Management Inc. acquired a new position in shares of Fidelity Blue Chip Growth ETF in the fourth quarter worth about $70,000.

Fidelity Blue Chip Growth ETF Price Performance

Fidelity Blue Chip Growth ETF stock opened at $59.77 on Friday. Fidelity Blue Chip Growth ETF has a fifty-two week low of $47.49 and a fifty-two week high of $64.32. The firm’s 50 day simple moving average is $60.62 and its 200-day simple moving average is $56.01. The company has a market cap of $5.42 billion, a P/E ratio of 29.62 and a beta of 1.32.

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.