Money Concepts Capital Corp Buys Shares of 16,833 Fidelity Blue Chip Growth ETF $FBCG

Money Concepts Capital Corp bought a new stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 16,833 shares of the company’s stock, valued at approximately $923,000.

Other institutional investors have also recently made changes to their positions in the company. Hantz Financial Services Inc. bought a new position in shares of Fidelity Blue Chip Growth ETF in the third quarter worth about $26,000. Cornerstone Planning Group LLC bought a new position in shares of Fidelity Blue Chip Growth ETF in the third quarter worth about $27,000. NBC Securities Inc. bought a new position in shares of Fidelity Blue Chip Growth ETF in the fourth quarter worth about $35,000. Raleigh Capital Management Inc. bought a new position in shares of Fidelity Blue Chip Growth ETF in the fourth quarter worth about $70,000. Finally, Key Capital Management INC bought a new position in shares of Fidelity Blue Chip Growth ETF in the fourth quarter worth about $105,000.

Fidelity Blue Chip Growth ETF Stock Up 1.7%

BATS FBCG opened at $61.37 on Thursday. The stock’s 50-day moving average price is $54.43 and its 200-day moving average price is $54.40. Fidelity Blue Chip Growth ETF has a 52 week low of $43.25 and a 52 week high of $61.58. The company has a market capitalization of $5.57 billion, a P/E ratio of 29.62 and a beta of 1.32.

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.