Western Wealth Management LLC acquired a new position in Fidelity Blue Chip Growth ETF (BATS:FBCG – Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 20,485 shares of the company’s stock, valued at approximately $1,027,000.
Other institutional investors have also recently made changes to their positions in the company. Marshall Wace LLP purchased a new stake in Fidelity Blue Chip Growth ETF in the second quarter valued at $1,040,000. Raymond James Financial Inc. purchased a new position in shares of Fidelity Blue Chip Growth ETF during the 2nd quarter valued at about $203,000. Ausdal Financial Partners Inc. lifted its holdings in shares of Fidelity Blue Chip Growth ETF by 23.3% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 6,195 shares of the company’s stock valued at $299,000 after buying an additional 1,172 shares during the period. Florida Financial Advisors LLC lifted its holdings in shares of Fidelity Blue Chip Growth ETF by 29.6% in the 2nd quarter. Florida Financial Advisors LLC now owns 10,001 shares of the company’s stock valued at $482,000 after buying an additional 2,285 shares during the period. Finally, CLG LLC boosted its stake in shares of Fidelity Blue Chip Growth ETF by 55.4% in the second quarter. CLG LLC now owns 90,057 shares of the company’s stock worth $4,344,000 after buying an additional 32,089 shares during the last quarter.
Fidelity Blue Chip Growth ETF Price Performance
Shares of FBCG opened at $59.78 on Monday. The company has a market capitalization of $5.43 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a 52 week low of $47.60 and a 52 week high of $64.32. The stock’s 50-day moving average price is $61.21 and its 200-day moving average price is $57.01.
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.
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