Fidelity Blue Chip Growth ETF (BATS:FBCG) Reaches New 52-Week High – Here’s What Happened

Fidelity Blue Chip Growth ETF (BATS:FBCG) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $58.75 and last traded at $58.59, with a volume of 398858 shares changing hands. The stock had previously closed at $58.57.

Fidelity Blue Chip Growth ETF Trading Up 0.0%

The company has a 50 day moving average price of $53.11 and a 200-day moving average price of $53.93. The company has a market cap of $5.32 billion, a P/E ratio of 29.62 and a beta of 1.32.

Hedge Funds Weigh In On Fidelity Blue Chip Growth ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Investment Advisory Group LLC boosted its holdings in shares of Fidelity Blue Chip Growth ETF by 1.1% during the 3rd quarter. Investment Advisory Group LLC now owns 17,910 shares of the company’s stock valued at $961,000 after acquiring an additional 188 shares in the last quarter. Koshinski Asset Management Inc. boosted its holdings in shares of Fidelity Blue Chip Growth ETF by 2.3% during the 1st quarter. Koshinski Asset Management Inc. now owns 9,146 shares of the company’s stock valued at $458,000 after acquiring an additional 209 shares in the last quarter. Base Wealth Management LLC boosted its holdings in shares of Fidelity Blue Chip Growth ETF by 5.5% during the 4th quarter. Base Wealth Management LLC now owns 4,088 shares of the company’s stock valued at $224,000 after acquiring an additional 214 shares in the last quarter. Fort Sheridan Advisors LLC boosted its holdings in shares of Fidelity Blue Chip Growth ETF by 5.5% during the 4th quarter. Fort Sheridan Advisors LLC now owns 5,144 shares of the company’s stock valued at $282,000 after acquiring an additional 269 shares in the last quarter. Finally, Avaii Wealth Management LLC boosted its holdings in shares of Fidelity Blue Chip Growth ETF by 1.5% during the 4th quarter. Avaii Wealth Management LLC now owns 20,330 shares of the company’s stock valued at $1,115,000 after acquiring an additional 309 shares in the last quarter.

Fidelity Blue Chip Growth ETF Company 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.