Mitchell Mcleod Pugh & Williams Inc. Grows Stake in Fidelity Blue Chip Growth ETF $FBCG

Mitchell Mcleod Pugh & Williams Inc. raised its holdings in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 18.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 130,975 shares of the company’s stock after purchasing an additional 20,496 shares during the period. Fidelity Blue Chip Growth ETF accounts for approximately 1.2% of Mitchell Mcleod Pugh & Williams Inc.’s investment portfolio, making the stock its 17th biggest holding. Mitchell Mcleod Pugh & Williams Inc.’s holdings in Fidelity Blue Chip Growth ETF were worth $7,318,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Creative Financial Designs Inc. ADV increased its position in Fidelity Blue Chip Growth ETF by 221.7% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 756 shares of the company’s stock valued at $36,000 after buying an additional 521 shares in the last quarter. Northwest Capital Management Inc acquired a new stake in Fidelity Blue Chip Growth ETF in the second quarter worth about $52,000. First United Bank & Trust grew its stake in shares of Fidelity Blue Chip Growth ETF by 838.0% during the third quarter. First United Bank & Trust now owns 2,345 shares of the company’s stock worth $126,000 after acquiring an additional 2,095 shares during the last quarter. Harbor Asset Planning Inc. acquired a new position in shares of Fidelity Blue Chip Growth ETF during the second quarter valued at about $132,000. Finally, Base Wealth Management LLC purchased a new position in shares of Fidelity Blue Chip Growth ETF in the 3rd quarter valued at approximately $208,000.

Fidelity Blue Chip Growth ETF Stock Up 17.1%

FBCG stock opened at $53.67 on Wednesday. The stock has a market capitalization of $4.87 billion, a PE ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a 52 week low of $33.57 and a 52 week high of $50.14. The firm has a 50 day moving average of $54.57 and a 200 day moving average of $52.96.

About Fidelity Blue Chip Growth ETF

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.