Cwm LLC Increases Stake in Fidelity Blue Chip Growth ETF $FBCG

Cwm LLC lifted its stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 13.0% during the 4th quarter, HoldingsChannel reports. The fund owned 1,069,699 shares of the company’s stock after acquiring an additional 123,378 shares during the period. Cwm LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $58,662,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hantz Financial Services Inc. acquired a new stake in Fidelity Blue Chip Growth ETF during the 3rd quarter worth approximately $26,000. Cornerstone Planning Group LLC acquired a new stake in Fidelity Blue Chip Growth ETF during the 3rd quarter worth approximately $27,000. Raleigh Capital Management Inc. acquired a new stake in Fidelity Blue Chip Growth ETF during the 4th quarter worth approximately $70,000. First United Bank & Trust increased its position in Fidelity Blue Chip Growth ETF by 838.0% during the 3rd quarter. First United Bank & Trust now owns 2,345 shares of the company’s stock worth $126,000 after purchasing an additional 2,095 shares in the last quarter. Finally, Qube Research & Technologies Ltd acquired a new stake in Fidelity Blue Chip Growth ETF during the 3rd quarter worth approximately $170,000.

Fidelity Blue Chip Growth ETF Stock Performance

FBCG opened at $56.72 on Thursday. The firm has a 50 day moving average price of $52.35 and a 200 day moving average price of $53.71. The company has a market cap of $5.15 billion, a PE ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a 1 year low of $35.89 and a 1 year high of $56.74.

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.