Essex Financial Services Inc. Sells 21,079 Shares of Fidelity Blue Chip Growth ETF $FBCG

Essex Financial Services Inc. decreased its holdings in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 21.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 76,357 shares of the company’s stock after selling 21,079 shares during the quarter. Essex Financial Services Inc. owned about 0.08% of Fidelity Blue Chip Growth ETF worth $3,683,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in FBCG. JPMorgan Chase & Co. raised its stake in shares of Fidelity Blue Chip Growth ETF by 16.2% during the 1st quarter. JPMorgan Chase & Co. now owns 9,685,217 shares of the company’s stock valued at $387,118,000 after purchasing an additional 1,350,071 shares during the period. Dynasty Wealth Management LLC increased its position in shares of Fidelity Blue Chip Growth ETF by 19.7% during the first quarter. Dynasty Wealth Management LLC now owns 6,679,781 shares of the company’s stock valued at $266,991,000 after buying an additional 1,099,765 shares during the period. Sagespring Wealth Partners LLC increased its position in shares of Fidelity Blue Chip Growth ETF by 16.8% during the first quarter. Sagespring Wealth Partners LLC now owns 6,194,027 shares of the company’s stock valued at $247,575,000 after buying an additional 889,959 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of Fidelity Blue Chip Growth ETF by 19.2% in the first quarter. Commonwealth Equity Services LLC now owns 2,662,363 shares of the company’s stock worth $106,415,000 after buying an additional 429,278 shares in the last quarter. Finally, CWM LLC boosted its position in shares of Fidelity Blue Chip Growth ETF by 34.0% in the first quarter. CWM LLC now owns 715,256 shares of the company’s stock valued at $28,589,000 after acquiring an additional 181,472 shares during the period.

Fidelity Blue Chip Growth ETF Price Performance

BATS FBCG opened at $53.28 on Thursday. The company’s 50 day simple moving average is $51.26 and its two-hundred day simple moving average is $45.86. The stock has a market capitalization of $4.83 billion, a PE ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a 1 year low of $33.57 and a 1 year high of $50.14.

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.