Sunbelt Securities Inc. Grows Stock Position in Fidelity Blue Chip Growth ETF $FBCG

Sunbelt Securities Inc. boosted its position in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 72.6% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 32,189 shares of the company’s stock after buying an additional 13,544 shares during the period. Sunbelt Securities Inc.’s holdings in Fidelity Blue Chip Growth ETF were worth $1,727,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Hantz Financial Services Inc. acquired a new stake in shares of Fidelity Blue Chip Growth ETF in the 3rd quarter worth $26,000. Cornerstone Planning Group LLC purchased a new position in Fidelity Blue Chip Growth ETF during the third quarter worth about $27,000. First United Bank & Trust lifted its position in Fidelity Blue Chip Growth ETF by 838.0% in the third quarter. First United Bank & Trust now owns 2,345 shares of the company’s stock valued at $126,000 after purchasing an additional 2,095 shares during the period. Qube Research & Technologies Ltd purchased a new stake in Fidelity Blue Chip Growth ETF in the 3rd quarter valued at approximately $170,000. Finally, Raymond James Financial Inc. acquired a new position in Fidelity Blue Chip Growth ETF during the 2nd quarter worth approximately $203,000.

Fidelity Blue Chip Growth ETF Trading Down 1.4%

Shares of FBCG stock opened at $51.43 on Thursday. The stock has a 50 day simple moving average of $53.62 and a 200-day simple moving average of $53.83. The company has a market cap of $4.67 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a 12-month low of $33.57 and a 12-month high of $56.50.

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.