Fidelity Fundamental Large Cap Growth ETF (BATS:FGRO) Stock Holdings Lifted by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its position in Fidelity Fundamental Large Cap Growth ETF (BATS:FGRO) by 25.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,024,784 shares of the company’s stock after purchasing an additional 206,727 shares during the quarter. Kestra Advisory Services LLC owned approximately 7.66% of Fidelity Fundamental Large Cap Growth ETF worth $22,402,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FGRO. Avantax Advisory Services Inc. boosted its stake in shares of Fidelity Fundamental Large Cap Growth ETF by 35.3% during the 1st quarter. Avantax Advisory Services Inc. now owns 118,689 shares of the company’s stock worth $2,595,000 after acquiring an additional 30,957 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Fidelity Fundamental Large Cap Growth ETF by 10.2% during the 1st quarter. Commonwealth Equity Services LLC now owns 737,122 shares of the company’s stock worth $16,113,000 after acquiring an additional 68,121 shares in the last quarter. Investment Advisory Services Inc. TX ADV boosted its stake in shares of Fidelity Fundamental Large Cap Growth ETF by 2.2% during the 1st quarter. Investment Advisory Services Inc. TX ADV now owns 159,043 shares of the company’s stock worth $3,477,000 after acquiring an additional 3,375 shares in the last quarter. Financial Management Network Inc. boosted its stake in shares of Fidelity Fundamental Large Cap Growth ETF by 0.8% during the 1st quarter. Financial Management Network Inc. now owns 178,926 shares of the company’s stock worth $3,857,000 after acquiring an additional 1,406 shares in the last quarter. Finally, Sunbelt Securities Inc. boosted its stake in shares of Fidelity Fundamental Large Cap Growth ETF by 49.6% during the 1st quarter. Sunbelt Securities Inc. now owns 36,526 shares of the company’s stock worth $798,000 after acquiring an additional 12,117 shares in the last quarter.

Fidelity Fundamental Large Cap Growth ETF Stock Performance

Shares of FGRO traded up $0.25 during trading hours on Friday, hitting $22.63. 29,138 shares of the company were exchanged. The company has a market capitalization of $302.79 million, a P/E ratio of 36.74 and a beta of 1.44. The company’s 50 day simple moving average is $23.40 and its 200 day simple moving average is $21.85.

About Fidelity Fundamental Large Cap Growth ETF

The Fidelity Growth Opportunities ETF (FGRO) is an exchange-traded fund that is based on the Russell 1000 Growth TR USD index. The fund is an actively-managed, non-transparent ETF that invests in growth stocks from domestic and foreign issuers. Stocks are selected based on fundamental factors FGRO was launched on Feb 2, 2021 and is managed by Fidelity.