1,060,308 Shares of Fidelity Blue Chip Growth ETF $FBCG Purchased by KFA Private Wealth Group LLC

KFA Private Wealth Group LLC acquired a new stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,060,308 shares of the company’s stock, valued at approximately $67,022,000. Fidelity Blue Chip Growth ETF comprises about 16.0% of KFA Private Wealth Group LLC’s portfolio, making the stock its 2nd largest position.

A number of other institutional investors have also bought and sold shares of the business. Investors Research Corp purchased a new position in Fidelity Blue Chip Growth ETF in the 2nd quarter worth approximately $38,000. Montgomery Financial Services LLC purchased a new stake in shares of Fidelity Blue Chip Growth ETF in the second quarter valued at approximately $38,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Fidelity Blue Chip Growth ETF by 265.0% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 730 shares of the company’s stock valued at $45,000 after purchasing an additional 530 shares in the last quarter. Meramec Financial Planners LLC acquired a new stake in shares of Fidelity Blue Chip Growth ETF in the first quarter valued at approximately $51,000. Finally, Royal Bank of Canada increased its holdings in shares of Fidelity Blue Chip Growth ETF by 118.8% in the first quarter. Royal Bank of Canada now owns 2,433 shares of the company’s stock valued at $122,000 after purchasing an additional 1,321 shares during the last quarter.

Fidelity Blue Chip Growth ETF Price Performance

Fidelity Blue Chip Growth ETF stock traded down $0.25 during trading on Wednesday, reaching $64.59. 576,967 shares of the company were exchanged, compared to its average volume of 624,614. Fidelity Blue Chip Growth ETF has a 52-week low of $47.60 and a 52-week high of $65.17. The company has a market capitalization of $5.86 billion, a P/E ratio of 29.62 and a beta of 1.32. The stock’s 50 day simple moving average is $62.29 and its two-hundred day simple moving average is $60.04.

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.