Hobart Private Capital LLC Lowers Stock Holdings in Fidelity Blue Chip Growth ETF $FBCG

Hobart Private Capital LLC lessened its holdings in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 26.3% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 13,683 shares of the company’s stock after selling 4,893 shares during the period. Hobart Private Capital LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $660,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of FBCG. Sachetta LLC lifted its position in Fidelity Blue Chip Growth ETF by 1.0% during the first quarter. Sachetta LLC now owns 26,961 shares of the company’s stock valued at $1,078,000 after acquiring an additional 255 shares during the last quarter. Larson Financial Group LLC lifted its position in Fidelity Blue Chip Growth ETF by 4.2% during the first quarter. Larson Financial Group LLC now owns 7,365 shares of the company’s stock valued at $294,000 after acquiring an additional 300 shares during the last quarter. Wealthcare Advisory Partners LLC lifted its position in Fidelity Blue Chip Growth ETF by 6.4% during the second quarter. Wealthcare Advisory Partners LLC now owns 7,504 shares of the company’s stock valued at $362,000 after acquiring an additional 450 shares during the last quarter. Silver Oak Securities Incorporated lifted its position in Fidelity Blue Chip Growth ETF by 10.7% during the first quarter. Silver Oak Securities Incorporated now owns 4,987 shares of the company’s stock valued at $200,000 after acquiring an additional 484 shares during the last quarter. Finally, Canvas Wealth Advisors LLC lifted its position in Fidelity Blue Chip Growth ETF by 5.0% during the second quarter. Canvas Wealth Advisors LLC now owns 10,426 shares of the company’s stock valued at $524,000 after acquiring an additional 497 shares during the last quarter.

Fidelity Blue Chip Growth ETF Stock Up 18.4%

BATS:FBCG opened at $54.28 on Friday. Fidelity Blue Chip Growth ETF has a 52 week low of $33.57 and a 52 week high of $50.14. The stock has a market capitalization of $4.93 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32. The firm has a 50 day moving average of $52.64 and a 200 day moving average of $47.88.

Fidelity Blue Chip Growth ETF Company 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.