B. Riley Wealth Advisors Inc. Sells 3,690 Shares of Fidelity Blue Chip Growth ETF (BATS:FBCG)

B. Riley Wealth Advisors Inc. reduced its stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 6.7% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 51,300 shares of the company’s stock after selling 3,690 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Fidelity Blue Chip Growth ETF were worth $2,178,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FBCG. Atria Wealth Solutions Inc. increased its holdings in Fidelity Blue Chip Growth ETF by 12.4% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 65,428 shares of the company’s stock worth $2,777,000 after purchasing an additional 7,209 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in shares of Fidelity Blue Chip Growth ETF in the 2nd quarter worth approximately $249,000. Quotient Wealth Partners LLC purchased a new position in shares of Fidelity Blue Chip Growth ETF in the 2nd quarter worth approximately $653,000. Clear Creek Financial Management LLC boosted its stake in shares of Fidelity Blue Chip Growth ETF by 9.4% in the 2nd quarter. Clear Creek Financial Management LLC now owns 44,468 shares of the company’s stock worth $1,887,000 after buying an additional 3,807 shares during the last quarter. Finally, First Heartland Consultants Inc. boosted its stake in shares of Fidelity Blue Chip Growth ETF by 9.2% in the 2nd quarter. First Heartland Consultants Inc. now owns 47,342 shares of the company’s stock worth $2,009,000 after buying an additional 4,003 shares during the last quarter.

Fidelity Blue Chip Growth ETF Price Performance

Shares of BATS FBCG opened at $47.74 on Monday. The business has a fifty day simple moving average of $45.11 and a 200 day simple moving average of $42.79. The stock has a market cap of $1.81 billion, a P/E ratio of 35.50 and a beta of 1.47.

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.