Fidelity Blue Chip Growth ETF (BATS:FBCG) Reaches New 1-Year High – What’s Next?

Fidelity Blue Chip Growth ETF (BATS:FBCGGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $64.34 and last traded at $64.24, with a volume of 117409 shares. The stock had previously closed at $63.78.

Fidelity Blue Chip Growth ETF Stock Up 0.5%

The stock has a fifty day moving average of $61.38 and a 200-day moving average of $59.06. The stock has a market capitalization of $5.82 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32.

Institutional Investors Weigh In On Fidelity Blue Chip Growth ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. 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. Investors Research Corp purchased a new position in Fidelity Blue Chip Growth ETF in the second quarter worth $38,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in 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 acquiring an additional 530 shares during the period. Meramec Financial Planners LLC acquired a new stake in Fidelity Blue Chip Growth ETF in the first quarter valued at $51,000. Finally, Royal Bank of Canada lifted its holdings in 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 acquiring an additional 1,321 shares during the period.

About Fidelity Blue Chip Growth ETF

(Get Free Report)

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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