Fidelity Blue Chip Growth ETF $FBCG Shares Sold by RFG Advisory LLC

RFG Advisory LLC lessened its stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 4.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 633,474 shares of the company’s stock after selling 30,198 shares during the quarter. Fidelity Blue Chip Growth ETF comprises approximately 0.6% of RFG Advisory LLC’s holdings, making the stock its 20th biggest holding. RFG Advisory LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $39,345,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Arax Advisory Partners purchased a new position in shares of Fidelity Blue Chip Growth ETF in the 4th quarter worth $35,000. Investors Research Corp acquired a new stake in Fidelity Blue Chip Growth ETF during the second quarter worth about $38,000. Montgomery Financial Services LLC acquired a new stake in Fidelity Blue Chip Growth ETF during the second quarter worth about $38,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in Fidelity Blue Chip Growth ETF by 265.0% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 730 shares of the company’s stock worth $45,000 after acquiring an additional 530 shares during the last quarter. Finally, Meramec Financial Planners LLC purchased a new position in shares of Fidelity Blue Chip Growth ETF in the 1st quarter worth about $51,000.

Fidelity Blue Chip Growth ETF Price Performance

BATS FBCG opened at $62.16 on Wednesday. The firm has a market capitalization of $5.64 billion, a P/E ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a 1-year low of $47.60 and a 1-year high of $64.32. The business’s 50-day simple moving average is $61.35 and its 200-day simple moving average is $58.52.

Fidelity Blue Chip Growth ETF Company 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.