Thrivent Financial for Lutherans Buys 98,955 Shares of Fidelity Blue Chip Growth ETF (BATS:FBCG)

Thrivent Financial for Lutherans grew its stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 16.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 684,917 shares of the company’s stock after purchasing an additional 98,955 shares during the quarter. Thrivent Financial for Lutherans owned about 1.81% of Fidelity Blue Chip Growth ETF worth $29,068,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FBCG. KFA Private Wealth Group LLC grew its position in shares of Fidelity Blue Chip Growth ETF by 392.9% in the 2nd quarter. KFA Private Wealth Group LLC now owns 443,960 shares of the company’s stock worth $18,842,000 after buying an additional 353,891 shares during the period. Envestnet Asset Management Inc. grew its position in Fidelity Blue Chip Growth ETF by 107.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 623,186 shares of the company’s stock valued at $26,448,000 after purchasing an additional 322,190 shares during the last quarter. Sowa Financial Group Inc. purchased a new stake in Fidelity Blue Chip Growth ETF during the 2nd quarter valued at about $11,871,000. Commonwealth Equity Services LLC grew its position in Fidelity Blue Chip Growth ETF by 24.0% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,136,242 shares of the company’s stock valued at $43,711,000 after purchasing an additional 220,071 shares during the last quarter. Finally, Cetera Investment Advisers grew its position in Fidelity Blue Chip Growth ETF by 216.0% during the 1st quarter. Cetera Investment Advisers now owns 237,193 shares of the company’s stock valued at $9,125,000 after purchasing an additional 162,130 shares during the last quarter.

Fidelity Blue Chip Growth ETF Stock Up 0.1 %

Shares of FBCG stock opened at $42.28 on Tuesday. The company’s 50 day moving average price is $40.82 and its 200-day moving average price is $40.15. The stock has a market cap of $1.60 billion, a P/E ratio of 35.50 and a beta of 1.47.

Fidelity Blue Chip Growth ETF 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.