Western Wealth Management LLC Purchases Shares of 20,485 Fidelity Blue Chip Growth ETF $FBCG

Western Wealth Management LLC purchased a new stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) in the 1st quarter, Holdings Channel reports. The fund purchased 20,485 shares of the company’s stock, valued at approximately $1,027,000.

Several other institutional investors have also recently made changes to their positions in the business. NBC Securities Inc. purchased a new position in shares of Fidelity Blue Chip Growth ETF in the fourth quarter worth approximately $35,000. Arax Advisory Partners bought a new position in Fidelity Blue Chip Growth ETF in the fourth quarter worth approximately $35,000. Meramec Financial Planners LLC bought a new position in Fidelity Blue Chip Growth ETF in the first quarter worth approximately $51,000. Royal Bank of Canada boosted its stake in shares of Fidelity Blue Chip Growth ETF by 104.0% during the 4th quarter. Royal Bank of Canada now owns 1,112 shares of the company’s stock worth $61,000 after acquiring an additional 567 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC bought a new stake in shares of Fidelity Blue Chip Growth ETF during the 4th quarter valued at $62,000.

Fidelity Blue Chip Growth ETF Price Performance

BATS:FBCG opened at $62.63 on Thursday. Fidelity Blue Chip Growth ETF has a one year low of $47.60 and a one year high of $64.32. The business has a fifty day moving average price of $61.13 and a 200-day moving average price of $57.43. The firm has a market capitalization of $5.68 billion, a price-to-earnings 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.