Keenan LLC Takes Position in Fidelity Blue Chip Growth ETF $FBCG

Keenan LLC bought a new position in Fidelity Blue Chip Growth ETF (BATS:FBCG) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 203,000 shares of the company’s stock, valued at approximately $11,133,000. Fidelity Blue Chip Growth ETF comprises about 9.8% of Keenan LLC’s portfolio, making the stock its 2nd largest position. Keenan LLC owned approximately 0.22% of Fidelity Blue Chip Growth ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in FBCG. Base Wealth Management LLC boosted its position in shares of Fidelity Blue Chip Growth ETF by 5.5% during the fourth quarter. Base Wealth Management LLC now owns 4,088 shares of the company’s stock valued at $224,000 after buying an additional 214 shares during the last quarter. Fort Sheridan Advisors LLC lifted its stake in 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 during the period. 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 during the last quarter. Clear Investment Research LLC boosted its holdings in shares of Fidelity Blue Chip Growth ETF by 1.7% during the 4th quarter. Clear Investment Research LLC now owns 25,423 shares of the company’s stock valued at $1,394,000 after acquiring an additional 429 shares during the last quarter. Finally, Broadleaf Partners LLC boosted its holdings in shares of Fidelity Blue Chip Growth ETF by 0.4% during the 4th quarter. Broadleaf Partners LLC now owns 121,791 shares of the company’s stock valued at $6,679,000 after acquiring an additional 476 shares during the last quarter.

Fidelity Blue Chip Growth ETF Price Performance

Shares of FBCG stock opened at $62.72 on Friday. The company has a 50 day moving average price of $60.07 and a 200-day moving average price of $55.81. Fidelity Blue Chip Growth ETF has a 52 week low of $45.20 and a 52 week high of $64.32. The firm has a market capitalization of $5.69 billion, a PE ratio of 29.62 and a beta of 1.32.

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.