PNC Financial Services Group Inc. Purchases 89,959 Shares of Fidelity Blue Chip Growth ETF $FBCG

PNC Financial Services Group Inc. lifted its position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 16.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 650,024 shares of the company’s stock after purchasing an additional 89,959 shares during the quarter. PNC Financial Services Group Inc. owned approximately 0.72% of Fidelity Blue Chip Growth ETF worth $32,579,000 as of its most recent filing with the Securities and Exchange Commission.

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

Fidelity Blue Chip Growth ETF Stock Down 2.1%

BATS FBCG opened at $59.68 on Friday. Fidelity Blue Chip Growth ETF has a twelve month low of $47.60 and a twelve month high of $64.32. The stock has a market cap of $5.42 billion, a P/E ratio of 29.62 and a beta of 1.32. The company’s 50-day simple moving average is $61.44 and its 200 day simple moving average is $56.87.

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.