Independent Financial Group LLC Invests $2.09 Million in Fidelity Blue Chip Growth ETF $FBCG

Independent Financial Group LLC bought a new stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) during the first quarter, HoldingsChannel reports. The firm bought 41,730 shares of the company’s stock, valued at approximately $2,092,000.

Other large investors have also modified their holdings of the company. Align Financial LLC acquired a new position in Fidelity Blue Chip Growth ETF in the fourth quarter worth about $845,406,000. JPMorgan Chase & Co. raised its stake in Fidelity Blue Chip Growth ETF by 4.9% during the fourth quarter. JPMorgan Chase & Co. now owns 9,760,021 shares of the company’s stock valued at $535,240,000 after buying an additional 452,011 shares in the last quarter. Dynasty Wealth Management LLC raised its stake in Fidelity Blue Chip Growth ETF by 6.1% during the fourth quarter. Dynasty Wealth Management LLC now owns 7,442,209 shares of the company’s stock valued at $408,131,000 after buying an additional 431,140 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Fidelity Blue Chip Growth ETF by 249.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,325,514 shares of the company’s stock valued at $127,531,000 after buying an additional 1,660,026 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in Fidelity Blue Chip Growth ETF by 2.1% during the 3rd quarter. Bank of America Corp DE now owns 1,555,385 shares of the company’s stock worth $83,462,000 after buying an additional 32,087 shares during the last quarter.

Fidelity Blue Chip Growth ETF Stock Down 1.3%

BATS:FBCG opened at $59.97 on Friday. The company has a market cap of $5.44 billion, a PE ratio of 29.62 and a beta of 1.32. The business’s 50 day moving average is $61.50 and its two-hundred day moving average is $56.71. Fidelity Blue Chip Growth ETF has a 52 week low of $47.60 and a 52 week high of $64.32.

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.