UBS Group AG Raises Stake in Fidelity Blue Chip Growth ETF $FBCG

UBS Group AG raised its stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 2.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 805,643 shares of the company’s stock after buying an additional 19,819 shares during the quarter. UBS Group AG’s holdings in Fidelity Blue Chip Growth ETF were worth $44,181,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of FBCG. Investment Advisory Group LLC lifted its holdings in shares of Fidelity Blue Chip Growth ETF by 1.1% in the third quarter. Investment Advisory Group LLC now owns 17,910 shares of the company’s stock worth $961,000 after buying an additional 188 shares in the last quarter. Base Wealth Management LLC grew its stake in Fidelity Blue Chip Growth ETF by 5.5% during the fourth quarter. Base Wealth Management LLC now owns 4,088 shares of the company’s stock valued at $224,000 after acquiring an additional 214 shares in the last quarter. Avaii Wealth Management LLC increased its holdings in Fidelity Blue Chip Growth ETF by 1.5% during the 4th quarter. Avaii Wealth Management LLC now owns 20,330 shares of the company’s stock worth $1,115,000 after acquiring an additional 309 shares during the period. Hantz Financial Services Inc. bought a new stake in Fidelity Blue Chip Growth ETF during the 3rd quarter worth approximately $26,000. Finally, Tandem Capital Management Corp ADV lifted its stake in Fidelity Blue Chip Growth ETF by 3.0% in the 4th quarter. Tandem Capital Management Corp ADV now owns 16,985 shares of the company’s stock worth $931,000 after purchasing an additional 490 shares in the last quarter.

Fidelity Blue Chip Growth ETF Price Performance

Shares of BATS:FBCG opened at $60.55 on Thursday. The firm has a fifty day moving average price of $53.70 and a two-hundred day moving average price of $54.14. Fidelity Blue Chip Growth ETF has a one year low of $40.52 and a one year high of $60.78. The company has a market cap of $5.49 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32.

Fidelity Blue Chip Growth ETF 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.