Brookstone Capital Management Invests $1.98 Million in Fidelity Blue Chip Growth ETF $FBCG

Brookstone Capital Management acquired a new stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 36,963 shares of the company’s stock, valued at approximately $1,983,000.

Other large investors also recently bought and sold shares of the company. Thrivent Financial for Lutherans bought a new stake in Fidelity Blue Chip Growth ETF during the 2nd quarter valued at $76,807,000. Jane Street Group LLC purchased a new stake in shares of Fidelity Blue Chip Growth ETF during the 1st quarter worth $21,034,000. Goodwin Investment Advisory boosted its position in Fidelity Blue Chip Growth ETF by 46.2% during the second quarter. Goodwin Investment Advisory now owns 938,001 shares of the company’s stock valued at $45,249,000 after purchasing an additional 296,321 shares in the last quarter. RFG Advisory LLC purchased a new position in Fidelity Blue Chip Growth ETF in the second quarter valued at about $11,576,000. Finally, Commonwealth Equity Services LLC raised its holdings in Fidelity Blue Chip Growth ETF by 8.6% in the second quarter. Commonwealth Equity Services LLC now owns 2,892,574 shares of the company’s stock worth $139,538,000 after purchasing an additional 230,211 shares in the last quarter.

Fidelity Blue Chip Growth ETF Stock Performance

FBCG stock opened at $55.58 on Friday. Fidelity Blue Chip Growth ETF has a one year low of $33.57 and a one year high of $50.14. The firm has a market cap of $5.04 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32. The firm has a 50-day simple moving average of $54.42 and a two-hundred day simple moving average of $51.93.

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.