Russell Investments Group Ltd. Takes $64,000 Position in Fidelity Blue Chip Growth ETF $FBCG

Russell Investments Group Ltd. bought a new stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,610 shares of the company’s stock, valued at approximately $64,000.

Other hedge funds have also bought and sold shares of the company. CoreCap Advisors LLC bought a new stake in Fidelity Blue Chip Growth ETF during the fourth quarter worth about $31,000. United Advisor Group LLC bought a new position in Fidelity Blue Chip Growth ETF during the fourth quarter valued at approximately $228,000. Silver Oak Securities Incorporated lifted its position in Fidelity Blue Chip Growth ETF by 10.7% during the first quarter. Silver Oak Securities Incorporated now owns 4,987 shares of the company’s stock valued at $200,000 after purchasing an additional 484 shares during the period. Cerity Partners LLC bought a new position in Fidelity Blue Chip Growth ETF during the first quarter valued at approximately $206,000. Finally, Comerica Bank grew its position in shares of Fidelity Blue Chip Growth ETF by 6.8% during the 4th quarter. Comerica Bank now owns 5,309 shares of the company’s stock valued at $246,000 after acquiring an additional 337 shares during the period.

Fidelity Blue Chip Growth ETF Price Performance

BATS:FBCG opened at $51.62 on Friday. The business has a fifty day moving average price of $50.00 and a 200-day moving average price of $45.14. The firm has a market capitalization of $4.68 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a one year low of $33.57 and a one year high of $50.14.

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.