Commonwealth Equity Services LLC Purchases 34,584 Shares of Fidelity Growth Opportunities ETF (BATS:FGRO)

Commonwealth Equity Services LLC grew its position in shares of Fidelity Growth Opportunities ETF (BATS:FGRO – Get Rating) by 7.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 476,218 shares of the company’s stock after acquiring an additional 34,584 shares during the period. Commonwealth Equity Services LLC’s holdings in Fidelity Growth Opportunities ETF were worth $6,033,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Kestra Advisory Services LLC raised its stake in Fidelity Growth Opportunities ETF by 97.3% in the third quarter. Kestra Advisory Services LLC now owns 116,821 shares of the company’s stock worth $1,491,000 after buying an additional 57,606 shares in the last quarter. Financial Management Network Inc. increased its stake in shares of Fidelity Growth Opportunities ETF by 24.9% during the third quarter. Financial Management Network Inc. now owns 102,752 shares of the company’s stock valued at $1,401,000 after purchasing an additional 20,493 shares in the last quarter. Avantax Advisory Services Inc. increased its stake in shares of Fidelity Growth Opportunities ETF by 12.1% during the third quarter. Avantax Advisory Services Inc. now owns 71,515 shares of the company’s stock valued at $913,000 after purchasing an additional 7,709 shares in the last quarter. Citadel Advisors LLC bought a new stake in shares of Fidelity Growth Opportunities ETF during the third quarter valued at approximately $616,000. Finally, Empire Life Investments Inc. increased its position in shares of Fidelity Growth Opportunities ETF by 2.0% during the fourth quarter. Empire Life Investments Inc. now owns 35,400 shares of the company’s stock valued at $449,000 after acquiring an additional 700 shares in the last quarter.

Fidelity Growth Opportunities ETF Stock Up 0.8 %

Shares of FGRO opened at $14.86 on Thursday. The company has a market capitalization of $64.20 million, a P/E ratio of 20.42 and a beta of 1.19. The firm’s fifty day moving average price is $14.37 and its 200 day moving average price is $13.79.

About Fidelity Growth Opportunities ETF

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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.