NewEdge Advisors LLC Has $1.02 Million Holdings in Fidelity Blue Chip Growth ETF (BATS:FBCG)

NewEdge Advisors LLC lifted its holdings in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 137.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,908 shares of the company’s stock after buying an additional 13,828 shares during the quarter. NewEdge Advisors LLC owned about 0.06% of Fidelity Blue Chip Growth ETF worth $1,015,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Commonwealth Equity Services LLC raised its position in shares of Fidelity Blue Chip Growth ETF by 9.9% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,249,042 shares of the company’s stock valued at $53,009,000 after acquiring an additional 112,800 shares during the last quarter. Thrivent Financial for Lutherans lifted its stake in Fidelity Blue Chip Growth ETF by 16.9% in the second quarter. Thrivent Financial for Lutherans now owns 684,917 shares of the company’s stock valued at $29,068,000 after buying an additional 98,955 shares during the period. Kowal Investment Group LLC lifted its stake in Fidelity Blue Chip Growth ETF by 3,427.4% in the second quarter. Kowal Investment Group LLC now owns 659,969 shares of the company’s stock valued at $28,009,000 after buying an additional 641,259 shares during the period. Envestnet Asset Management Inc. grew its position in shares of 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 worth $26,448,000 after buying an additional 322,190 shares during the period. Finally, Kestra Advisory Services LLC grew its position in shares of Fidelity Blue Chip Growth ETF by 6.2% during the 1st quarter. Kestra Advisory Services LLC now owns 507,779 shares of the company’s stock worth $19,534,000 after buying an additional 29,476 shares during the period.

Fidelity Blue Chip Growth ETF Stock Down 0.9 %

Shares of BATS:FBCG opened at $42.37 on Tuesday. The company has a fifty day moving average price of $40.99 and a 200 day moving average price of $40.43. The firm has a market cap of $1.61 billion, a P/E 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.