Cetera Investment Advisers Increases Stake in Fidelity Blue Chip Growth ETF $FBCG

Cetera Investment Advisers raised its position in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 26.4% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 1,431,942 shares of the company’s stock after acquiring an additional 298,784 shares during the period. Cetera Investment Advisers’ holdings in Fidelity Blue Chip Growth ETF were worth $71,769,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in FBCG. Marshall Wace LLP acquired a new stake in Fidelity Blue Chip Growth ETF in the second quarter valued at about $1,040,000. Raymond James Financial Inc. acquired a new stake in shares of Fidelity Blue Chip Growth ETF in the 2nd quarter valued at approximately $203,000. Ausdal Financial Partners Inc. boosted its stake in shares of Fidelity Blue Chip Growth ETF by 23.3% in the second quarter. Ausdal Financial Partners Inc. now owns 6,195 shares of the company’s stock valued at $299,000 after buying an additional 1,172 shares in the last quarter. Florida Financial Advisors LLC raised its position in Fidelity Blue Chip Growth ETF by 29.6% in the second quarter. Florida Financial Advisors LLC now owns 10,001 shares of the company’s stock worth $482,000 after acquiring an additional 2,285 shares in the last quarter. Finally, CLG LLC lifted its holdings in Fidelity Blue Chip Growth ETF by 55.4% in the second quarter. CLG LLC now owns 90,057 shares of the company’s stock valued at $4,344,000 after acquiring an additional 32,089 shares during the period.

Fidelity Blue Chip Growth ETF Stock Performance

Shares of BATS FBCG opened at $59.68 on Friday. Fidelity Blue Chip Growth ETF has a one year low of $47.60 and a one year high of $64.32. The firm has a market capitalization of $5.42 billion, a P/E ratio of 29.62 and a beta of 1.32. The company’s fifty day moving average is $61.44 and its two-hundred day moving average is $56.87.

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.