Sunbelt Securities Inc. Has $798,000 Stock Holdings in Fidelity Fundamental Large Cap Growth ETF (BATS:FGRO)

Sunbelt Securities Inc. raised its stake in shares of Fidelity Fundamental Large Cap Growth ETF (BATS:FGRO) by 49.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 36,526 shares of the company’s stock after buying an additional 12,117 shares during the period. Sunbelt Securities Inc. owned about 0.85% of Fidelity Fundamental Large Cap Growth ETF worth $798,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of FGRO. Principal Securities Inc. acquired a new position in shares of Fidelity Fundamental Large Cap Growth ETF during the 4th quarter worth $144,000. Investment Advisory Services Inc. TX ADV raised its holdings in Fidelity Fundamental Large Cap Growth ETF by 3.1% during the fourth quarter. Investment Advisory Services Inc. TX ADV now owns 155,668 shares of the company’s stock valued at $2,953,000 after buying an additional 4,678 shares in the last quarter. McGlone Suttner Wealth Management Inc. lifted its position in shares of Fidelity Fundamental Large Cap Growth ETF by 1.3% in the fourth quarter. McGlone Suttner Wealth Management Inc. now owns 50,622 shares of the company’s stock worth $960,000 after buying an additional 650 shares during the last quarter. Avaii Wealth Management LLC bought a new stake in shares of Fidelity Fundamental Large Cap Growth ETF during the 4th quarter worth about $233,000. Finally, Atria Wealth Solutions Inc. increased its holdings in shares of Fidelity Fundamental Large Cap Growth ETF by 17.7% during the 4th quarter. Atria Wealth Solutions Inc. now owns 118,396 shares of the company’s stock valued at $2,246,000 after acquiring an additional 17,764 shares during the last quarter.

Fidelity Fundamental Large Cap Growth ETF Price Performance

Shares of FGRO stock opened at $23.83 on Friday. The company has a market cap of $318.85 million, a P/E ratio of 36.74 and a beta of 1.44. The firm has a fifty day moving average of $22.40 and a 200 day moving average of $21.08.

Fidelity Fundamental Large Cap Growth ETF Company Profile

The Fidelity Growth Opportunities ETF (FGRO) is an exchange-traded fund that is based on the Russell 1000 Growth TR USD index. The fund is an actively-managed, non-transparent ETF that invests in growth stocks from domestic and foreign issuers. Stocks are selected based on fundamental factors FGRO was launched on Feb 2, 2021 and is managed by Fidelity.