Sowell Financial Services LLC Acquires New Stake in Fidelity Blue Chip Growth ETF $FBCG

Sowell Financial Services LLC purchased a new stake in Fidelity Blue Chip Growth ETF (BATS:FBCG – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 87,849 shares of the company’s stock, valued at approximately $5,553,000.

Several other hedge funds have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its stake in shares of Fidelity Blue Chip Growth ETF by 7.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,859,109 shares of the company’s stock valued at $177,579,000 after purchasing an additional 187,169 shares during the last quarter. Cetera Investment Advisers lifted its holdings in Fidelity Blue Chip Growth ETF by 26.4% in the first quarter. Cetera Investment Advisers now owns 1,431,942 shares of the company’s stock valued at $71,769,000 after buying an additional 298,784 shares during the period. KFA Private Wealth Group LLC acquired a new position in Fidelity Blue Chip Growth ETF in the third quarter valued at approximately $67,022,000. PNC Financial Services Group Inc. boosted its stake in Fidelity Blue Chip Growth ETF by 16.1% in the first quarter. PNC Financial Services Group Inc. now owns 650,024 shares of the company’s stock valued at $32,579,000 after acquiring an additional 89,959 shares during the last quarter. Finally, Capital Analysts LLC boosted its stake in Fidelity Blue Chip Growth ETF by 26.8% in the second quarter. Capital Analysts LLC now owns 578,034 shares of the company’s stock valued at $35,902,000 after acquiring an additional 122,188 shares during the last quarter.

Fidelity Blue Chip Growth ETF Stock Down 1.3%

Shares of Fidelity Blue Chip Growth ETF stock opened at $60.38 on Friday. The business has a fifty day simple moving average of $62.11 and a 200 day simple moving average of $58.63. The stock has a market cap of $5.48 billion, a PE ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a 12 month low of $47.60 and a 12 month high of $65.17.

Fidelity Blue Chip Growth ETF Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Fidelity Blue Chip Growth ETF (BATS:FBCG)

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