Fidelity Blue Chip Growth ETF (BATS:FBCG) Stake Boosted by Advantage Trust Co

Advantage Trust Co boosted its holdings in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 95.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 124,131 shares of the company’s stock after acquiring an additional 60,578 shares during the period. Fidelity Blue Chip Growth ETF accounts for approximately 3.4% of Advantage Trust Co’s investment portfolio, making the stock its 10th biggest position. Advantage Trust Co’s holdings in Fidelity Blue Chip Growth ETF were worth $5,742,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Dahring Cusmano LLC purchased a new position in Fidelity Blue Chip Growth ETF in the fourth quarter valued at $2,896,000. Private Advisor Group LLC increased its holdings in Fidelity Blue Chip Growth ETF by 17.8% in the fourth quarter. Private Advisor Group LLC now owns 59,662 shares of the company’s stock valued at $2,760,000 after buying an additional 9,023 shares during the last quarter. Bfsg LLC raised its stake in Fidelity Blue Chip Growth ETF by 17.7% in the fourth quarter. Bfsg LLC now owns 117,178 shares of the company’s stock valued at $5,421,000 after buying an additional 17,617 shares in the last quarter. Truist Financial Corp lifted its holdings in Fidelity Blue Chip Growth ETF by 6.9% during the 4th quarter. Truist Financial Corp now owns 7,658 shares of the company’s stock worth $354,000 after buying an additional 491 shares during the last quarter. Finally, J.W. Cole Advisors Inc. boosted its position in shares of Fidelity Blue Chip Growth ETF by 6.9% during the 4th quarter. J.W. Cole Advisors Inc. now owns 57,936 shares of the company’s stock worth $2,680,000 after acquiring an additional 3,741 shares in the last quarter.

Fidelity Blue Chip Growth ETF Stock Up 1.7 %

Shares of BATS FBCG opened at $46.62 on Friday. The stock’s fifty day simple moving average is $47.46 and its 200-day simple moving average is $44.72. The firm has a market cap of $1.77 billion, a price-to-earnings ratio of 35.50 and a beta of 1.47.

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.