Private Advisor Group LLC Sells 6,264 Shares of Fidelity Blue Chip Growth ETF (BATS:FBCG)

Private Advisor Group LLC trimmed its stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 10.5% during the 1st quarter, Holdings Channel reports. The firm owned 53,398 shares of the company’s stock after selling 6,264 shares during the quarter. Private Advisor Group LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $2,134,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. CoreCap Advisors LLC bought a new position in Fidelity Blue Chip Growth ETF during the fourth quarter valued at approximately $31,000. Transce3nd LLC bought a new position in Fidelity Blue Chip Growth ETF during the fourth quarter valued at approximately $153,000. Trexquant Investment LP bought a new position in Fidelity Blue Chip Growth ETF during the fourth quarter valued at approximately $218,000. United Advisor Group LLC bought a new position in Fidelity Blue Chip Growth ETF during the fourth quarter valued at approximately $228,000. Finally, Silver Oak Securities Incorporated grew its position in Fidelity Blue Chip Growth ETF by 10.7% during the first quarter. Silver Oak Securities Incorporated now owns 4,987 shares of the company’s stock valued at $200,000 after acquiring an additional 484 shares during the last quarter.

Fidelity Blue Chip Growth ETF Price Performance

Shares of BATS FBCG opened at $49.83 on Friday. Fidelity Blue Chip Growth ETF has a one year low of $33.57 and a one year high of $50.14. The firm’s 50 day simple moving average is $46.78 and its two-hundred day simple moving average is $44.45. The stock has a market capitalization of $4.52 billion, a P/E 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.