Advantage Trust Co Acquires 12,684 Shares of Fidelity Blue Chip Growth ETF $FBCG

Advantage Trust Co grew its position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 7.6% during the second quarter, HoldingsChannel.com reports. The firm owned 179,751 shares of the company’s stock after purchasing an additional 12,684 shares during the period. Fidelity Blue Chip Growth ETF makes up approximately 4.3% of Advantage Trust Co’s portfolio, making the stock its 9th biggest holding. Advantage Trust Co’s holdings in Fidelity Blue Chip Growth ETF were worth $8,671,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in FBCG. JPMorgan Chase & Co. boosted its stake in shares of Fidelity Blue Chip Growth ETF by 16.2% during the first 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 in the last quarter. Dynasty Wealth Management LLC boosted its stake 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 purchasing an additional 1,099,765 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Fidelity Blue Chip Growth ETF during the first quarter valued at about $21,034,000. Commonwealth Equity Services LLC boosted its stake in shares of Fidelity Blue Chip Growth ETF by 19.2% during the first quarter. Commonwealth Equity Services LLC now owns 2,662,363 shares of the company’s stock valued at $106,415,000 after purchasing an additional 429,278 shares in the last quarter. Finally, HighTower Advisors LLC boosted its stake in shares of Fidelity Blue Chip Growth ETF by 169.5% during the first quarter. HighTower Advisors LLC now owns 491,162 shares of the company’s stock valued at $19,632,000 after purchasing an additional 308,907 shares in the last quarter.

Fidelity Blue Chip Growth ETF Trading Up 17.0%

Shares of FBCG stock opened at $53.63 on Tuesday. The business’s 50-day moving average price is $52.48 and its 200-day moving average price is $47.39. The firm has a market capitalization of $4.87 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a 12 month low of $33.57 and a 12 month high of $50.14.

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.