14,675 Shares in Fidelity Blue Chip Growth ETF $FBCG Purchased by October Effect Ltd

October Effect Ltd purchased a new stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) in the third quarter, HoldingsChannel.com reports. The institutional investor purchased 14,675 shares of the company’s stock, valued at approximately $787,000. Fidelity Blue Chip Growth ETF makes up about 0.9% of October Effect Ltd’s portfolio, making the stock its 24th largest holding.

A number of other large investors have also added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV raised its holdings in shares of 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 worth $36,000 after acquiring an additional 521 shares in the last quarter. Northwest Capital Management Inc bought a new stake in Fidelity Blue Chip Growth ETF in the second quarter worth $52,000. First United Bank & Trust raised its stake in 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 valued at $126,000 after purchasing an additional 2,095 shares in the last quarter. Harbor Asset Planning Inc. bought a new position in Fidelity Blue Chip Growth ETF during the second quarter valued at $132,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in shares of Fidelity Blue Chip Growth ETF in the 2nd quarter worth $202,000.

Fidelity Blue Chip Growth ETF Stock Up 19.5%

Fidelity Blue Chip Growth ETF stock opened at $54.78 on Friday. The company’s 50-day moving average price is $54.60 and its 200-day moving average price is $53.06. The company has a market cap of $4.97 billion, a PE ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a twelve month low of $33.57 and a twelve month high of $50.14.

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.