Fidelity Blue Chip Growth ETF $FBCG Shares Newly Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC purchased a new stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) in the 3rd quarter, HoldingsChannel reports. The fund purchased 2,713,279 shares of the company’s stock, valued at approximately $171,506,000.

Other hedge funds also recently made changes to their positions in the company. Schmidt P J Investment Management Inc. bought a new stake in Fidelity Blue Chip Growth ETF in the third quarter valued at approximately $1,008,000. Pathway Financial Advisers LLC acquired a new stake in Fidelity Blue Chip Growth ETF during the 3rd quarter valued at approximately $119,000. Bfsg LLC bought a new position in Fidelity Blue Chip Growth ETF during the 3rd quarter worth approximately $8,331,000. Provenance Wealth Advisors LLC bought a new position in Fidelity Blue Chip Growth ETF during the 3rd quarter worth approximately $179,000. Finally, Summit Wealth Group LLC Co. raised its holdings in Fidelity Blue Chip Growth ETF by 375.0% during the 3rd quarter. Summit Wealth Group LLC Co. now owns 428,557 shares of the company’s stock worth $27,089,000 after purchasing an additional 338,341 shares during the last quarter.

Fidelity Blue Chip Growth ETF Stock Performance

Shares of BATS FBCG opened at $55.15 on Friday. The company has a market capitalization of $5.00 billion, a P/E 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 company’s 50 day moving average price is $61.75 and its 200-day moving average price is $58.68.

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.