AE Wealth Management LLC Purchases 14,995 Shares of Fidelity Blue Chip Growth ETF $FBCG

AE Wealth Management LLC grew its position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 1,027.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,455 shares of the company’s stock after buying an additional 14,995 shares during the period. AE Wealth Management LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $794,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Creative Financial Designs Inc. ADV increased its position in shares of Fidelity Blue Chip Growth ETF by 221.7% in the second quarter. Creative Financial Designs Inc. ADV now owns 756 shares of the company’s stock worth $36,000 after purchasing an additional 521 shares during the period. Northwest Capital Management Inc bought a new position in Fidelity Blue Chip Growth ETF in the second quarter valued at approximately $52,000. Russell Investments Group Ltd. acquired a new position in Fidelity Blue Chip Growth ETF during the first quarter valued at approximately $64,000. Dagco Inc. bought a new stake in Fidelity Blue Chip Growth ETF during the first quarter worth $75,000. Finally, Harbor Asset Planning Inc. acquired a new stake in Fidelity Blue Chip Growth ETF in the second quarter valued at about $132,000.

Fidelity Blue Chip Growth ETF Stock Up 16.7%

Fidelity Blue Chip Growth ETF stock opened at $53.53 on Friday. The stock has a market cap of $4.86 billion, a PE ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a 12-month low of $33.57 and a 12-month high of $50.14. The business’s 50-day moving average price is $53.77 and its two-hundred day moving average price is $49.58.

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.