MML Investors Services LLC Cuts Stock Holdings in Fidelity Blue Chip Growth ETF (BATS:FBCG)

MML Investors Services LLC reduced its stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 18.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,113,585 shares of the company’s stock after selling 250,862 shares during the period. MML Investors Services LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $47,628,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Orion Portfolio Solutions LLC increased its holdings in shares of Fidelity Blue Chip Growth ETF by 12.8% in the third quarter. Orion Portfolio Solutions LLC now owns 11,829 shares of the company’s stock worth $506,000 after purchasing an additional 1,338 shares during the last quarter. Stifel Financial Corp increased its stake in Fidelity Blue Chip Growth ETF by 39.8% in the 3rd quarter. Stifel Financial Corp now owns 12,702 shares of the company’s stock worth $543,000 after acquiring an additional 3,618 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of Fidelity Blue Chip Growth ETF by 2.6% during the 3rd quarter. HighTower Advisors LLC now owns 167,572 shares of the company’s stock worth $7,167,000 after acquiring an additional 4,226 shares in the last quarter. Captrust Financial Advisors boosted its position in shares of Fidelity Blue Chip Growth ETF by 19.4% during the 3rd quarter. Captrust Financial Advisors now owns 14,179 shares of the company’s stock valued at $606,000 after acquiring an additional 2,300 shares during the last quarter. Finally, FMR LLC grew its holdings in shares of Fidelity Blue Chip Growth ETF by 9.5% in the third quarter. FMR LLC now owns 21,931 shares of the company’s stock valued at $938,000 after purchasing an additional 1,911 shares in the last quarter.

Fidelity Blue Chip Growth ETF Trading Up 0.8 %

Fidelity Blue Chip Growth ETF stock opened at $48.12 on Monday. The company’s 50-day simple moving average is $44.58 and its two-hundred day simple moving average is $42.53. The stock has a market capitalization of $1.82 billion, a P/E ratio of 35.50 and a beta of 1.47.

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.