Capital Analysts LLC Takes Position in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Capital Analysts LLC acquired a new stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) in the 4th quarter, Holdings Channel reports. The firm acquired 1,550 shares of the company’s stock, valued at approximately $52,000.

Several other hedge funds and other institutional investors have also made changes to their positions in FBCG. JPMorgan Chase & Co. purchased a new stake in Fidelity Blue Chip Growth ETF during the fourth quarter worth approximately $5,986,000. KFG Wealth Management LLC purchased a new stake in Fidelity Blue Chip Growth ETF during the third quarter worth approximately $4,864,000. Royal Bank of Canada purchased a new stake in Fidelity Blue Chip Growth ETF during the third quarter worth approximately $2,592,000. Traynor Capital Management Inc. purchased a new stake in Fidelity Blue Chip Growth ETF during the fourth quarter worth approximately $2,724,000. Finally, Advisor Group Holdings Inc. lifted its stake in Fidelity Blue Chip Growth ETF by 2,798.2% during the fourth quarter. Advisor Group Holdings Inc. now owns 79,845 shares of the company’s stock worth $1,684,000 after purchasing an additional 77,090 shares during the last quarter.

Fidelity Blue Chip Growth ETF Stock Performance

FBCG stock opened at $35.76 on Friday. The stock’s fifty day simple moving average is $37.62 and its 200 day simple moving average is $33.91. The stock has a market capitalization of $523.88 million, a PE ratio of 22.29 and a beta of 1.31.

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.