Nations Financial Group Inc. IA ADV Increases Stake in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Nations Financial Group Inc. IA ADV grew its position in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 443.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 263,030 shares of the company’s stock after acquiring an additional 214,597 shares during the quarter. Fidelity Blue Chip Growth ETF comprises about 0.9% of Nations Financial Group Inc. IA ADV’s portfolio, making the stock its 15th largest position. Nations Financial Group Inc. IA ADV owned 0.69% of Fidelity Blue Chip Growth ETF worth $12,168,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in FBCG. PUREfi Wealth LLC purchased a new position in Fidelity Blue Chip Growth ETF in the 4th quarter worth about $579,000. Adell Harriman & Carpenter Inc. increased its stake 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 worth $1,555,000 after buying an additional 338 shares during the period. Pathway Financial Advisers LLC increased its stake 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 worth $56,000 after buying an additional 272 shares during the period. Sovran Advisors LLC purchased a new position in Fidelity Blue Chip Growth ETF in the 4th quarter worth about $2,128,000. Finally, Stonebridge Financial Group LLC purchased a new position in Fidelity Blue Chip Growth ETF in the 4th quarter worth about $95,000.

Fidelity Blue Chip Growth ETF Stock Up 5.7 %

FBCG stock opened at $48.48 on Friday. The stock has a market cap of $1.84 billion, a P/E ratio of 35.50 and a beta of 1.47. The business has a 50 day moving average of $47.43 and a 200-day moving average of $44.37.

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.