RFG Advisory LLC Trims Position in Fidelity Blue Chip Growth ETF $FBCG

RFG Advisory LLC lowered its position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 4.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 633,474 shares of the company’s stock after selling 30,198 shares during the quarter. Fidelity Blue Chip Growth ETF makes up approximately 0.6% of RFG Advisory LLC’s holdings, making the stock its 20th biggest holding. RFG Advisory LLC owned approximately 0.70% of Fidelity Blue Chip Growth ETF worth $39,345,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Marshall Wace LLP acquired a new stake in shares of Fidelity Blue Chip Growth ETF during the second quarter worth $1,040,000. Raymond James Financial Inc. acquired a new position in Fidelity Blue Chip Growth ETF in the second quarter valued at $203,000. Ausdal Financial Partners Inc. increased its stake in Fidelity Blue Chip Growth ETF by 23.3% in the second quarter. Ausdal Financial Partners Inc. now owns 6,195 shares of the company’s stock valued at $299,000 after purchasing an additional 1,172 shares during the last quarter. Florida Financial Advisors LLC lifted its position in Fidelity Blue Chip Growth ETF by 29.6% during the second quarter. Florida Financial Advisors LLC now owns 10,001 shares of the company’s stock worth $482,000 after buying an additional 2,285 shares during the period. Finally, CLG LLC lifted its position in Fidelity Blue Chip Growth ETF by 55.4% during the second quarter. CLG LLC now owns 90,057 shares of the company’s stock worth $4,344,000 after buying an additional 32,089 shares during the period.

Fidelity Blue Chip Growth ETF Trading Down 0.3%

Shares of BATS:FBCG opened at $62.16 on Wednesday. The stock’s 50-day moving average price is $61.35 and its two-hundred day moving average price is $58.52. Fidelity Blue Chip Growth ETF has a 12-month low of $47.60 and a 12-month high of $64.32. The firm has a market cap of $5.64 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.