Truist Financial Corp Has $354,000 Stake in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Truist Financial Corp grew its stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 6.9% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 7,658 shares of the company’s stock after buying an additional 491 shares during the period. Truist Financial Corp’s holdings in Fidelity Blue Chip Growth ETF were worth $354,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in FBCG. Pathway Financial Advisers LLC increased its position in shares of Fidelity Blue Chip Growth ETF by 29.0% during the fourth 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. Synergy Asset Management LLC bought a new position in Fidelity Blue Chip Growth ETF during the fourth quarter worth about $73,000. Stonebridge Financial Group LLC bought a new position in Fidelity Blue Chip Growth ETF during the fourth quarter worth about $95,000. Silver Oak Securities Incorporated acquired a new stake in Fidelity Blue Chip Growth ETF during the fourth quarter valued at approximately $211,000. Finally, Principal Securities Inc. grew its stake in shares of Fidelity Blue Chip Growth ETF by 100.9% in the 4th quarter. Principal Securities Inc. now owns 4,588 shares of the company’s stock valued at $212,000 after purchasing an additional 2,304 shares during the period.

Fidelity Blue Chip Growth ETF Price Performance

Fidelity Blue Chip Growth ETF stock opened at $43.36 on Wednesday. The stock’s 50 day moving average is $47.07 and its 200 day moving average is $45.05. The company has a market cap of $3.83 billion, a P/E ratio of 35.21 and a beta of 1.30.

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.