HighTower Advisors LLC Has $8.43 Million Stake in Fidelity Blue Chip Growth ETF (BATS:FBCG)

HighTower Advisors LLC lifted its stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 8.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 182,255 shares of the company’s stock after buying an additional 14,683 shares during the period. HighTower Advisors LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $8,431,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Proficio Capital Partners LLC grew its position in shares of Fidelity Blue Chip Growth ETF by 3.8% during the 4th quarter. Proficio Capital Partners LLC now owns 6,842 shares of the company’s stock worth $317,000 after buying an additional 253 shares during the period. Pathway Financial Advisers LLC grew its position in Fidelity Blue Chip Growth ETF by 29.0% in the 4th quarter. Pathway Financial Advisers LLC now owns 1,211 shares of the company’s stock valued at $56,000 after purchasing an additional 272 shares during the period. Wealth Effects LLC grew its position in Fidelity Blue Chip Growth ETF by 3.6% in the 4th quarter. Wealth Effects LLC now owns 9,011 shares of the company’s stock valued at $417,000 after purchasing an additional 311 shares during the period. Adell Harriman & Carpenter Inc. grew its position in Fidelity Blue Chip Growth ETF by 1.0% in the 4th quarter. Adell Harriman & Carpenter Inc. now owns 33,621 shares of the company’s stock valued at $1,555,000 after purchasing an additional 338 shares during the period. Finally, Sachetta LLC grew its position in Fidelity Blue Chip Growth ETF by 1.3% in the 3rd quarter. Sachetta LLC now owns 26,554 shares of the company’s stock valued at $1,136,000 after purchasing an additional 350 shares during the period.

Fidelity Blue Chip Growth ETF Trading Down 9.4 %

BATS FBCG opened at $41.56 on Tuesday. The company has a fifty day simple moving average of $46.05 and a 200 day simple moving average of $45.03. Fidelity Blue Chip Growth ETF has a 12-month low of $35.62 and a 12-month high of $48.84. The company has a market cap of $3.67 billion, a P/E ratio of 35.21 and a beta of 1.30.

About Fidelity Blue Chip Growth ETF

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.