Raymond James & Associates Takes $1.03 Million Position in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Raymond James & Associates acquired a new stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 30,999 shares of the company’s stock, valued at approximately $1,033,000.

Other institutional investors also recently made changes to their positions in the company. Money Concepts Capital Corp bought a new stake in Fidelity Blue Chip Growth ETF during the 4th quarter valued at $48,000. Sunbelt Securities Inc. bought a new stake in Fidelity Blue Chip Growth ETF during the 2nd quarter valued at $96,000. FMR LLC raised its holdings in Fidelity Blue Chip Growth ETF by 139.4% during the 3rd quarter. FMR LLC now owns 3,273 shares of the company’s stock valued at $95,000 after buying an additional 1,906 shares during the last quarter. Avior Wealth Management LLC raised its holdings in Fidelity Blue Chip Growth ETF by 250.0% during the 3rd quarter. Avior Wealth Management LLC now owns 3,500 shares of the company’s stock valued at $101,000 after buying an additional 2,500 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in Fidelity Blue Chip Growth ETF by 120.7% during the 4th quarter. Bank of America Corp DE now owns 6,195 shares of the company’s stock valued at $131,000 after buying an additional 3,388 shares during the last quarter.

Fidelity Blue Chip Growth ETF Stock Down 3.0 %

BATS:FBCG opened at $35.75 on Monday. The firm’s 50 day moving average price is $37.62 and its two-hundred day moving average price is $33.98. The company has a market cap of $1.35 billion, a price-to-earnings ratio of 35.45 and a beta of 1.43.

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.