Fidelity Blue Chip Growth ETF (BATS:FBCG) Short Interest Update

Fidelity Blue Chip Growth ETF (BATS:FBCG) saw a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 285,371 shares, a decline of 42.8% from the April 15th total of 498,539 shares. Based on an average daily trading volume, of 639,581 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. CLG LLC lifted its holdings in shares of Fidelity Blue Chip Growth ETF by 5.5% during the first quarter. CLG LLC now owns 199,954 shares of the company’s stock worth $10,022,000 after buying an additional 10,431 shares during the last quarter. Lido Advisors LLC acquired a new position in shares of Fidelity Blue Chip Growth ETF during the first quarter worth approximately $355,000. Cetera Investment Advisers lifted its holdings in shares of Fidelity Blue Chip Growth ETF by 26.4% during the first quarter. Cetera Investment Advisers now owns 1,431,942 shares of the company’s stock worth $71,769,000 after buying an additional 298,784 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Fidelity Blue Chip Growth ETF by 16.1% during the first quarter. PNC Financial Services Group Inc. now owns 650,024 shares of the company’s stock worth $32,579,000 after buying an additional 89,959 shares during the last quarter. Finally, Florida Financial Advisors LLC lifted its holdings in shares of Fidelity Blue Chip Growth ETF by 46.3% during the first quarter. Florida Financial Advisors LLC now owns 10,080 shares of the company’s stock worth $505,000 after buying an additional 3,190 shares during the last quarter.

Fidelity Blue Chip Growth ETF Stock Down 1.7%

Shares of FBCG stock opened at $61.00 on Friday. Fidelity Blue Chip Growth ETF has a 12 month low of $43.25 and a 12 month high of $62.29. The firm has a market cap of $5.54 billion, a PE ratio of 29.62 and a beta of 1.32. The stock has a 50 day moving average of $54.78 and a 200-day moving average of $54.50.

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.