46,203 Shares in Fidelity Blue Chip Growth ETF $FBCG Acquired by M Holdings Securities Inc.

M Holdings Securities Inc. bought a new position in Fidelity Blue Chip Growth ETF (BATS:FBCG) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 46,203 shares of the company’s stock, valued at approximately $2,534,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FBCG. Hantz Financial Services Inc. acquired a new position in shares of Fidelity Blue Chip Growth ETF during the third quarter worth approximately $26,000. NBC Securities Inc. acquired a new position in shares of Fidelity Blue Chip Growth ETF during the fourth quarter worth approximately $35,000. Raleigh Capital Management Inc. acquired a new position in shares of Fidelity Blue Chip Growth ETF during the fourth quarter worth approximately $70,000. Key Capital Management INC acquired a new position in shares of Fidelity Blue Chip Growth ETF during the fourth quarter worth approximately $105,000. Finally, Geneos Wealth Management Inc. acquired a new position in shares of Fidelity Blue Chip Growth ETF during the fourth quarter worth approximately $118,000.

Fidelity Blue Chip Growth ETF Stock Down 2.2%

Shares of FBCG stock opened at $59.20 on Thursday. Fidelity Blue Chip Growth ETF has a 12 month low of $45.20 and a 12 month high of $64.32. The firm has a market cap of $5.37 billion, a PE ratio of 29.62 and a beta of 1.32. The stock has a 50 day moving average of $58.57 and a 200-day moving average of $55.42.

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.