Rollins Financial Advisors LLC Has $3.24 Million Stock Position in Fidelity Blue Chip Growth ETF $FBCG

Rollins Financial Advisors LLC lowered its position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 19.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,171 shares of the company’s stock after selling 15,715 shares during the quarter. Rollins Financial Advisors LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $3,240,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in FBCG. JPMorgan Chase & Co. grew its position in Fidelity Blue Chip Growth ETF by 16.2% during the 1st quarter. JPMorgan Chase & Co. now owns 9,685,217 shares of the company’s stock worth $387,118,000 after purchasing an additional 1,350,071 shares in the last quarter. Dynasty Wealth Management LLC lifted its holdings in shares of Fidelity Blue Chip Growth ETF by 19.7% in 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 in the first quarter worth $21,034,000. Commonwealth Equity Services LLC boosted its position in shares of Fidelity Blue Chip Growth ETF by 19.2% in the first quarter. Commonwealth Equity Services LLC now owns 2,662,363 shares of the company’s stock worth $106,415,000 after buying an additional 429,278 shares during the period. Finally, HighTower Advisors LLC grew its holdings 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 buying an additional 308,907 shares in the last quarter.

Fidelity Blue Chip Growth ETF Trading Up 17.6%

BATS:FBCG opened at $53.91 on Friday. The business’s fifty day moving average price is $53.48 and its 200 day moving average price is $49.23. The firm has a market capitalization of $4.89 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a 1-year low of $33.57 and a 1-year 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.