LJI Wealth Management LLC bought a new stake in Fidelity Blue Chip Growth ETF (BATS:FBCG – Free Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 8,995 shares of the company’s stock, valued at approximately $569,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. lifted its holdings in Fidelity Blue Chip Growth ETF by 7.0% in the second quarter. Envestnet Asset Management Inc. now owns 2,859,109 shares of the company’s stock worth $177,579,000 after purchasing an additional 187,169 shares during the period. Cetera Investment Advisers increased its position in shares of Fidelity Blue Chip Growth ETF by 26.4% during the 1st quarter. Cetera Investment Advisers now owns 1,431,942 shares of the company’s stock valued at $71,769,000 after purchasing an additional 298,784 shares during the period. KFA Private Wealth Group LLC bought a new stake in shares of Fidelity Blue Chip Growth ETF in the 3rd quarter worth $67,022,000. Capital Analysts LLC raised its stake in shares of Fidelity Blue Chip Growth ETF by 26.8% in the 2nd quarter. Capital Analysts LLC now owns 578,034 shares of the company’s stock worth $35,902,000 after buying an additional 122,188 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in shares of Fidelity Blue Chip Growth ETF by 16.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 650,024 shares of the company’s stock worth $32,579,000 after buying an additional 89,959 shares in the last quarter.
Fidelity Blue Chip Growth ETF Stock Down 3.3%
Shares of Fidelity Blue Chip Growth ETF stock opened at $58.40 on Friday. The firm has a market cap of $5.30 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32. The business has a fifty day simple moving average of $62.06 and a 200-day simple moving average of $58.64. Fidelity Blue Chip Growth ETF has a fifty-two week low of $47.60 and a fifty-two week high of $65.17.
Fidelity Blue Chip Growth ETF 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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