Fidelity Blue Chip Growth ETF (BATS:FBCG) is Sowa Financial Group Inc.’s 3rd Largest Position

Sowa Financial Group Inc. lifted its holdings in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 29.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 448,604 shares of the company’s stock after acquiring an additional 102,517 shares during the period. Fidelity Blue Chip Growth ETF accounts for about 13.0% of Sowa Financial Group Inc.’s holdings, making the stock its 3rd biggest position. Sowa Financial Group Inc.’s holdings in Fidelity Blue Chip Growth ETF were worth $20,752,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Thrivent Financial for Lutherans raised its stake in Fidelity Blue Chip Growth ETF by 173.4% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,872,861 shares of the company’s stock valued at $80,102,000 after acquiring an additional 1,187,944 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in shares of Fidelity Blue Chip Growth ETF by 49.8% during the third quarter. Commonwealth Equity Services LLC now owns 1,871,034 shares of the company’s stock worth $80,024,000 after purchasing an additional 621,992 shares during the last quarter. CWM LLC raised its stake in shares of Fidelity Blue Chip Growth ETF by 311.0% during the third quarter. CWM LLC now owns 418,554 shares of the company’s stock worth $17,902,000 after purchasing an additional 316,727 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Fidelity Blue Chip Growth ETF by 11.3% during the third quarter. JPMorgan Chase & Co. now owns 3,057,016 shares of the company’s stock worth $130,749,000 after purchasing an additional 311,037 shares during the period. Finally, KFA Private Wealth Group LLC grew its position in Fidelity Blue Chip Growth ETF by 66.7% in the 3rd quarter. KFA Private Wealth Group LLC now owns 740,010 shares of the company’s stock valued at $31,650,000 after buying an additional 296,050 shares during the last quarter.

Fidelity Blue Chip Growth ETF Stock Up 3.1 %

Shares of FBCG opened at $47.26 on Tuesday. The firm has a market cap of $1.79 billion, a PE ratio of 35.50 and a beta of 1.47. The firm has a 50-day moving average price of $46.75 and a two-hundred day moving average price of $43.71.

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.