Fidelity Blue Chip Growth ETF (BATS:FBCG) Position Lifted by NewEdge Advisors LLC

NewEdge Advisors LLC raised its stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 1.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 25,274 shares of the company’s stock after acquiring an additional 336 shares during the period. NewEdge Advisors LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $1,169,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Wealthfront Advisers LLC bought a new position in shares of Fidelity Blue Chip Growth ETF in the 4th quarter worth about $44,000. Pathway Financial Advisers LLC boosted its stake in Fidelity Blue Chip Growth ETF by 29.0% in the fourth quarter. Pathway Financial Advisers LLC now owns 1,211 shares of the company’s stock valued at $56,000 after acquiring an additional 272 shares during the period. Synergy Asset Management LLC bought a new position in shares of Fidelity Blue Chip Growth ETF during the fourth quarter valued at approximately $73,000. Stonebridge Financial Group LLC acquired a new stake in shares of Fidelity Blue Chip Growth ETF during the 4th quarter worth approximately $95,000. Finally, Silver Oak Securities Incorporated bought a new stake in shares of Fidelity Blue Chip Growth ETF in the 4th quarter worth approximately $211,000.

Fidelity Blue Chip Growth ETF Price Performance

Shares of FBCG opened at $39.77 on Friday. The company has a market cap of $3.50 billion, a P/E ratio of 35.99 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 $48.84. The stock has a fifty day moving average price of $41.00 and a 200 day moving average price of $44.43.

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.