Traynor Capital Management Inc. Makes New Investment in Fidelity Blue Chip Growth ETF $FBCG

Traynor Capital Management Inc. bought a new position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG – Free Report) in the third quarter, HoldingsChannel.com reports. The institutional investor bought 151,092 shares of the company’s stock, valued at approximately $9,551,000.

A number of other large investors have also recently added to or reduced their stakes in FBCG. Investors Research Corp bought a new stake in shares of Fidelity Blue Chip Growth ETF in the second quarter valued at about $38,000. Montgomery Financial Services LLC acquired a new position in shares of Fidelity Blue Chip Growth ETF during the second quarter worth about $38,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Fidelity Blue Chip Growth ETF by 265.0% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 730 shares of the company’s stock worth $45,000 after buying an additional 530 shares during the period. Root Financial Partners LLC acquired a new position in shares of Fidelity Blue Chip Growth ETF during the third quarter worth about $67,000. Finally, Raleigh Capital Management Inc. bought a new position in shares of Fidelity Blue Chip Growth ETF during the third quarter worth about $80,000.

Fidelity Blue Chip Growth ETF Stock Performance

BATS:FBCG opened at $58.40 on Monday. The company has a market cap of $5.30 billion, a PE ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a 52-week low of $47.60 and a 52-week high of $65.17. The stock has a 50-day simple moving average of $62.06 and a 200 day simple moving average of $58.64.

Fidelity Blue Chip Growth ETF Company Profile

(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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Institutional Ownership by Quarter for Fidelity Blue Chip Growth ETF (BATS:FBCG)

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