Cetera Investment Advisers Raises Stock Holdings in Fidelity Blue Chip Growth ETF $FBCG

Cetera Investment Advisers grew its position in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 26.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,431,942 shares of the company’s stock after acquiring an additional 298,784 shares during the quarter. Cetera Investment Advisers owned about 1.58% of Fidelity Blue Chip Growth ETF worth $71,769,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. NBC Securities Inc. acquired a new stake in Fidelity Blue Chip Growth ETF during the 4th quarter worth $35,000. Arax Advisory Partners acquired a new position in Fidelity Blue Chip Growth ETF in the fourth quarter valued at $35,000. Meramec Financial Planners LLC acquired a new position in Fidelity Blue Chip Growth ETF in the first quarter valued at $51,000. Royal Bank of Canada raised its holdings in shares of Fidelity Blue Chip Growth ETF by 104.0% in 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 during the last quarter. Finally, Steward Partners Investment Advisory LLC purchased a new stake in shares of Fidelity Blue Chip Growth ETF in the fourth quarter valued at about $62,000.

Fidelity Blue Chip Growth ETF Stock Down 2.1%

BATS FBCG opened at $59.68 on Friday. Fidelity Blue Chip Growth ETF has a 52-week low of $47.60 and a 52-week high of $64.32. The business’s 50-day moving average price is $61.44 and its 200 day moving average price is $56.87. The firm 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 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.