Thrivent Financial for Lutherans Increases Stock Holdings in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Thrivent Financial for Lutherans grew its holdings in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 173.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 1,872,861 shares of the company’s stock after purchasing an additional 1,187,944 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Fidelity Blue Chip Growth ETF were worth $80,102,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in FBCG. Commonwealth Equity Services LLC increased its holdings in Fidelity Blue Chip Growth ETF by 49.8% during the third quarter. Commonwealth Equity Services LLC now owns 1,871,034 shares of the company’s stock valued at $80,024,000 after buying an additional 621,992 shares during the last quarter. KFA Private Wealth Group LLC grew its position in shares of Fidelity Blue Chip Growth ETF by 66.7% during the 3rd quarter. KFA Private Wealth Group LLC now owns 740,010 shares of the company’s stock valued at $31,650,000 after acquiring an additional 296,050 shares during the period. Kowal Investment Group LLC increased its stake in shares of Fidelity Blue Chip Growth ETF by 3,427.4% in the 2nd quarter. Kowal Investment Group LLC now owns 659,969 shares of the company’s stock worth $28,009,000 after purchasing an additional 641,259 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Fidelity Blue Chip Growth ETF by 107.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 623,186 shares of the company’s stock worth $26,448,000 after purchasing an additional 322,190 shares during the period. Finally, Kestra Advisory Services LLC lifted its position in Fidelity Blue Chip Growth ETF by 6.2% during the first quarter. Kestra Advisory Services LLC now owns 507,779 shares of the company’s stock valued at $19,534,000 after purchasing an additional 29,476 shares in the last quarter.

Fidelity Blue Chip Growth ETF Stock Down 2.1 %

BATS:FBCG opened at $44.59 on Monday. The firm’s 50-day moving average is $43.22 and its 200-day moving average is $41.79. The company has a market capitalization of $1.69 billion, a price-to-earnings ratio of 35.50 and a beta of 1.47.

About Fidelity Blue Chip Growth ETF

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.