D.A. Davidson & CO. Acquires New Shares in Fidelity Blue Chip Growth ETF $FBCG

D.A. Davidson & CO. bought a new position in Fidelity Blue Chip Growth ETF (BATS:FBCG) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 17,427 shares of the company’s stock, valued at approximately $935,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Jane Street Group LLC bought a new stake in shares of Fidelity Blue Chip Growth ETF in the first quarter worth approximately $21,034,000. Centurion Wealth Management LLC grew its position in Fidelity Blue Chip Growth ETF by 3.8% in the 2nd quarter. Centurion Wealth Management LLC now owns 36,848 shares of the company’s stock worth $1,778,000 after purchasing an additional 1,356 shares during the period. Roxbury Financial LLC raised its stake in Fidelity Blue Chip Growth ETF by 3.4% during the 2nd quarter. Roxbury Financial LLC now owns 90,514 shares of the company’s stock valued at $4,366,000 after buying an additional 2,974 shares during the last quarter. Keystone Wealth Services LLC raised its stake in Fidelity Blue Chip Growth ETF by 4.7% during the 2nd quarter. Keystone Wealth Services LLC now owns 94,383 shares of the company’s stock valued at $4,553,000 after buying an additional 4,261 shares during the last quarter. Finally, Sovran Advisors LLC lifted its holdings in shares of Fidelity Blue Chip Growth ETF by 21.4% during the 2nd quarter. Sovran Advisors LLC now owns 103,044 shares of the company’s stock valued at $4,971,000 after buying an additional 18,177 shares during the period.

Fidelity Blue Chip Growth ETF Price Performance

FBCG stock opened at $55.55 on Monday. Fidelity Blue Chip Growth ETF has a 1 year low of $33.57 and a 1 year high of $50.14. The company has a market cap of $5.04 billion, a P/E ratio of 29.62 and a beta of 1.32. The stock’s fifty day moving average price is $54.54 and its 200-day moving average price is $52.61.

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.