Milestone Investment Advisors LLC Has $2.03 Million Stake in Fidelity Blue Chip Growth ETF $FBCG

Milestone Investment Advisors LLC raised its holdings in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 28.5% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 40,586 shares of the company’s stock after purchasing an additional 8,992 shares during the period. Milestone Investment Advisors LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $2,034,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. MML Investors Services LLC boosted its stake in shares of Fidelity Blue Chip Growth ETF by 4.8% in the fourth quarter. MML Investors Services LLC now owns 1,179,739 shares of the company’s stock valued at $64,697,000 after buying an additional 54,074 shares during the period. Gilbert Capital Group Inc. acquired a new stake in Fidelity Blue Chip Growth ETF during the third quarter worth approximately $5,332,000. PNC Financial Services Group Inc. increased its stake in Fidelity Blue Chip Growth ETF by 6.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 560,065 shares of the company’s stock worth $30,714,000 after acquiring an additional 31,890 shares during the period. Quotient Wealth Partners LLC increased its stake in Fidelity Blue Chip Growth ETF by 21.3% during the 4th quarter. Quotient Wealth Partners LLC now owns 57,276 shares of the company’s stock worth $3,141,000 after acquiring an additional 10,069 shares during the period. Finally, Savvy Advisors Inc. bought a new position in Fidelity Blue Chip Growth ETF during the 4th quarter worth $2,977,000.

Fidelity Blue Chip Growth ETF Price Performance

Shares of BATS FBCG opened at $62.08 on Thursday. The business has a fifty day moving average price of $61.51 and a two-hundred day moving average price of $56.65. The stock has a market capitalization of $5.63 billion, a PE ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a fifty-two week low of $47.60 and a fifty-two week high of $64.32.

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.