Hicks Capital Management LLC Makes New $2.24 Million Investment in Fidelity Blue Chip Growth ETF $FBCG

Hicks Capital Management LLC acquired a new stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 41,681 shares of the company’s stock, valued at approximately $2,237,000. Fidelity Blue Chip Growth ETF comprises about 3.7% of Hicks Capital Management LLC’s portfolio, making the stock its 11th largest position.

Several other institutional investors have also recently made changes to their positions in FBCG. Investment Advisory Group LLC boosted its position in Fidelity Blue Chip Growth ETF by 1.1% during the third quarter. Investment Advisory Group LLC now owns 17,910 shares of the company’s stock worth $961,000 after purchasing an additional 188 shares in the last quarter. Centurion Wealth Management LLC raised its stake in shares of Fidelity Blue Chip Growth ETF by 0.8% during the 3rd quarter. Centurion Wealth Management LLC now owns 37,155 shares of the company’s stock worth $1,994,000 after buying an additional 307 shares during the period. Wealthcare Advisory Partners LLC raised its stake in shares of Fidelity Blue Chip Growth ETF by 6.4% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 7,504 shares of the company’s stock worth $362,000 after buying an additional 450 shares during the period. Canvas Wealth Advisors LLC lifted its position in shares of Fidelity Blue Chip Growth ETF by 5.0% during the 2nd quarter. Canvas Wealth Advisors LLC now owns 10,426 shares of the company’s stock valued at $524,000 after buying an additional 497 shares in the last quarter. Finally, Clear Investment Research LLC grew its stake in Fidelity Blue Chip Growth ETF by 2.3% in the 2nd quarter. Clear Investment Research LLC now owns 22,284 shares of the company’s stock valued at $1,075,000 after acquiring an additional 510 shares during the period.

Fidelity Blue Chip Growth ETF Stock Performance

Shares of BATS FBCG opened at $55.16 on Friday. The firm has a fifty day moving average of $54.83 and a 200 day moving average of $53.21. The firm has a market cap of $5.01 billion, a PE ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a one year low of $33.57 and a one year high of $50.14.

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.