McGlone Suttner Wealth Management Inc. Buys New Position in Fidelity Blue Chip Growth ETF (BATS:FBCG)

McGlone Suttner Wealth Management Inc. purchased a new stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 28,507 shares of the company’s stock, valued at approximately $1,319,000. McGlone Suttner Wealth Management Inc. owned about 0.08% of Fidelity Blue Chip Growth ETF at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Thrivent Financial for Lutherans raised its holdings in shares of Fidelity Blue Chip Growth ETF by 173.4% in the third quarter. Thrivent Financial for Lutherans now owns 1,872,861 shares of the company’s stock valued at $80,102,000 after purchasing an additional 1,187,944 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in Fidelity Blue Chip Growth ETF by 49.8% in the third quarter. Commonwealth Equity Services LLC now owns 1,871,034 shares of the company’s stock worth $80,024,000 after purchasing an additional 621,992 shares during the last quarter. CWM LLC increased its position in shares of Fidelity Blue Chip Growth ETF by 311.0% during the 3rd quarter. CWM LLC now owns 418,554 shares of the company’s stock valued at $17,902,000 after purchasing an additional 316,727 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Fidelity Blue Chip Growth ETF by 11.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,057,016 shares of the company’s stock valued at $130,749,000 after purchasing an additional 311,037 shares during the last quarter. Finally, KFA Private Wealth Group LLC raised its stake in shares of Fidelity Blue Chip Growth ETF by 66.7% during the 3rd quarter. KFA Private Wealth Group LLC now owns 740,010 shares of the company’s stock worth $31,650,000 after purchasing an additional 296,050 shares during the period.

Fidelity Blue Chip Growth ETF Stock Performance

FBCG opened at $48.64 on Friday. The firm’s fifty day moving average is $46.92 and its 200-day moving average is $43.83. The company has a market capitalization of $1.84 billion, a price-to-earnings ratio of 35.50 and a beta of 1.47.

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.