Kestra Advisory Services LLC Acquires New Stake in Fidelity Blue Chip Growth ETF $FBCG

Kestra Advisory Services LLC acquired a new stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 438,674 shares of the company’s stock, valued at approximately $27,729,000. Kestra Advisory Services LLC owned about 0.48% of Fidelity Blue Chip Growth ETF as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in FBCG. Commonwealth Equity Services LLC acquired a new position in shares of Fidelity Blue Chip Growth ETF in the third quarter valued at approximately $171,506,000. Schmidt P J Investment Management Inc. acquired a new stake in shares of Fidelity Blue Chip Growth ETF during the third quarter worth $1,008,000. Pathway Financial Advisers LLC acquired a new stake in shares of Fidelity Blue Chip Growth ETF during the third quarter worth $119,000. Bfsg LLC purchased a new position in Fidelity Blue Chip Growth ETF in the 3rd quarter valued at $8,331,000. Finally, Provenance Wealth Advisors LLC purchased a new position in Fidelity Blue Chip Growth ETF in the 3rd quarter valued at $179,000.

Fidelity Blue Chip Growth ETF Stock Performance

Shares of FBCG opened at $55.99 on Friday. The stock has a market capitalization of $7.05 billion, a P/E ratio of 22.96 and a beta of 1.38. The company’s fifty day moving average is $61.62 and its two-hundred day moving average is $58.69. Fidelity Blue Chip Growth ETF has a 1 year low of $47.60 and a 1 year high of $65.17.

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.