HighTower Advisors LLC Boosts Stock Holdings in Fidelity Blue Chip Growth ETF (BATS:FBCG)

HighTower Advisors LLC raised its holdings in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 2.6% during the third quarter, according to its most recent filing with the SEC. The firm owned 167,572 shares of the company’s stock after purchasing an additional 4,226 shares during the period. HighTower Advisors LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $7,167,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. IAG Wealth Partners LLC purchased a new position in Fidelity Blue Chip Growth ETF in the second quarter valued at about $28,000. Larson Financial Group LLC purchased a new position in shares of Fidelity Blue Chip Growth ETF in the 2nd quarter worth approximately $30,000. Pathway Financial Advisers LLC grew its holdings in Fidelity Blue Chip Growth ETF by 530.2% in the third quarter. Pathway Financial Advisers LLC now owns 939 shares of the company’s stock worth $40,000 after purchasing an additional 790 shares during the last quarter. Armstrong Advisory Group Inc. purchased a new position in Fidelity Blue Chip Growth ETF in the third quarter worth $70,000. Finally, Sequent Asset Management LLC purchased a new position in Fidelity Blue Chip Growth ETF in the second quarter worth $144,000.

Fidelity Blue Chip Growth ETF Stock Down 0.6 %

BATS FBCG opened at $47.85 on Tuesday. The business has a 50-day moving average price of $44.58 and a two-hundred day moving average price of $42.53. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of 35.50 and a beta of 1.47.

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.