Fidelity Blue Chip Growth ETF $FBCG Shares Bought by Trexquant Investment LP

Trexquant Investment LP grew its holdings in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 59.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,503 shares of the company’s stock after purchasing an additional 2,788 shares during the period. Trexquant Investment LP’s holdings in Fidelity Blue Chip Growth ETF were worth $300,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in shares of Fidelity Blue Chip Growth ETF by 16.2% in the 1st quarter. JPMorgan Chase & Co. now owns 9,685,217 shares of the company’s stock worth $387,118,000 after acquiring an additional 1,350,071 shares during the period. Dynasty Wealth Management LLC boosted its holdings in Fidelity Blue Chip Growth ETF by 19.7% in the first quarter. Dynasty Wealth Management LLC now owns 6,679,781 shares of the company’s stock valued at $266,991,000 after acquiring an additional 1,099,765 shares during the last quarter. Sagespring Wealth Partners LLC raised its position in Fidelity Blue Chip Growth ETF by 16.8% in the first quarter. Sagespring Wealth Partners LLC now owns 6,194,027 shares of the company’s stock valued at $247,575,000 after purchasing an additional 889,959 shares during the period. Commonwealth Equity Services LLC raised its position in Fidelity Blue Chip Growth ETF by 19.2% in the first quarter. Commonwealth Equity Services LLC now owns 2,662,363 shares of the company’s stock valued at $106,415,000 after purchasing an additional 429,278 shares during the period. Finally, Bank of America Corp DE raised its position in Fidelity Blue Chip Growth ETF by 15.5% in the fourth quarter. Bank of America Corp DE now owns 1,068,213 shares of the company’s stock valued at $49,416,000 after purchasing an additional 143,101 shares during the period.

Fidelity Blue Chip Growth ETF Stock Performance

BATS:FBCG opened at $52.20 on Wednesday. Fidelity Blue Chip Growth ETF has a one year low of $33.57 and a one year high of $50.14. The business’s 50-day simple moving average is $50.23 and its 200 day simple moving average is $45.19. The stock has a market cap of $4.74 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32.

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.