Fifth Third Securities Inc. Acquires New Shares in Fidelity Blue Chip Growth ETF $FBCG

Fifth Third Securities Inc. purchased a new stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 73,906 shares of the company’s stock, valued at approximately $4,672,000.

Several other institutional investors and hedge funds have also made changes to their positions in FBCG. Envestnet Asset Management Inc. grew its position in shares of Fidelity Blue Chip Growth ETF by 7.0% in the second 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 boosted its stake in shares of Fidelity Blue Chip Growth ETF by 26.4% during the 1st quarter. Cetera Investment Advisers now owns 1,431,942 shares of the company’s stock worth $71,769,000 after purchasing an additional 298,784 shares during the last quarter. KFA Private Wealth Group LLC acquired a new stake in shares of Fidelity Blue Chip Growth ETF during the 3rd quarter worth about $67,022,000. RFG Advisory LLC grew its holdings in shares of Fidelity Blue Chip Growth ETF by 24.3% during the first quarter. RFG Advisory LLC now owns 663,672 shares of the company’s stock worth $33,263,000 after buying an additional 129,601 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in shares of Fidelity Blue Chip Growth ETF by 16.1% during the first quarter. PNC Financial Services Group Inc. now owns 650,024 shares of the company’s stock valued at $32,579,000 after buying an additional 89,959 shares during the period.

Fidelity Blue Chip Growth ETF Stock Up 1.0%

Shares of BATS:FBCG traded up $0.64 during midday trading on Wednesday, reaching $61.71. The company’s stock had a trading volume of 339,768 shares, compared to its average volume of 634,287. The business has a 50 day moving average price of $62.41 and a 200 day moving average price of $60.82. Fidelity Blue Chip Growth ETF has a 1 year low of $47.60 and a 1 year high of $65.17. The firm has a market cap of $5.60 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32.

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.