30,565 Shares in Fidelity Blue Chip Growth ETF $FBCG Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) in the third quarter, Holdings Channel reports. The institutional investor bought 30,565 shares of the company’s stock, valued at approximately $1,932,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Montgomery Financial Services LLC bought a new position in Fidelity Blue Chip Growth ETF in the second quarter worth $38,000. Investors Research Corp bought a new stake in Fidelity Blue Chip Growth ETF in the 2nd quarter valued at $38,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in Fidelity Blue Chip Growth ETF by 265.0% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 730 shares of the company’s stock valued at $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 in the 3rd quarter valued at $67,000. Finally, Raleigh Capital Management Inc. acquired a new position in shares of Fidelity Blue Chip Growth ETF in the 3rd quarter valued at $80,000.

Fidelity Blue Chip Growth ETF Stock Performance

Shares of FBCG stock opened at $55.99 on Friday. The firm has a fifty day moving average of $61.62 and a 200-day moving average of $58.69. The stock has a market cap of $7.05 billion, a price-to-earnings ratio of 22.96 and a beta of 1.38. Fidelity Blue Chip Growth ETF has a 52-week low of $47.60 and a 52-week high of $65.17.

Fidelity Blue Chip Growth ETF Company 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.