D.A. Davidson & CO. Has $7.15 Million Holdings in Fidelity Blue Chip Growth ETF $FBCG

D.A. Davidson & CO. boosted its stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 108.9% in the first quarter, HoldingsChannel reports. The institutional investor owned 142,683 shares of the company’s stock after buying an additional 74,378 shares during the quarter. D.A. Davidson & CO.’s holdings in Fidelity Blue Chip Growth ETF were worth $7,151,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of FBCG. Align Financial LLC bought a new stake in Fidelity Blue Chip Growth ETF in the 4th quarter worth about $845,406,000. JPMorgan Chase & Co. boosted its stake in shares of Fidelity Blue Chip Growth ETF by 4.9% in the 4th quarter. JPMorgan Chase & Co. now owns 9,760,021 shares of the company’s stock worth $535,240,000 after buying an additional 452,011 shares during the last quarter. Dynasty Wealth Management LLC increased its position in shares of Fidelity Blue Chip Growth ETF by 6.1% during the fourth quarter. Dynasty Wealth Management LLC now owns 7,442,209 shares of the company’s stock valued at $408,131,000 after acquiring an additional 431,140 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Fidelity Blue Chip Growth ETF by 249.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,325,514 shares of the company’s stock worth $127,531,000 after acquiring an additional 1,660,026 shares during the period. Finally, Bank of America Corp DE boosted its position in Fidelity Blue Chip Growth ETF by 2.1% in the third quarter. Bank of America Corp DE now owns 1,555,385 shares of the company’s stock worth $83,462,000 after purchasing an additional 32,087 shares during the last quarter.

Fidelity Blue Chip Growth ETF Stock Down 1.3%

Shares of FBCG stock opened at $59.97 on Friday. Fidelity Blue Chip Growth ETF has a 12-month low of $47.60 and a 12-month high of $64.32. The company has a 50 day moving average of $61.50 and a 200-day moving average of $56.71. The firm has a market cap of $5.44 billion, a P/E 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.