Fidelity Blue Chip Growth ETF $FBCG Shares Newly Purchased by Elm3 Financial Group LLC

Elm3 Financial Group LLC purchased a new stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 10,567 shares of the company’s stock, valued at approximately $668,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Align Financial LLC acquired a new stake in shares of Fidelity Blue Chip Growth ETF during the fourth quarter worth approximately $845,406,000. Storgate LLC acquired a new position in shares of Fidelity Blue Chip Growth ETF in the 4th quarter worth approximately $31,827,000. JPMorgan Chase & Co. boosted its holdings in shares of Fidelity Blue Chip Growth ETF by 4.9% in the 4th quarter. JPMorgan Chase & Co. now owns 9,760,021 shares of the company’s stock worth $535,240,000 after acquiring an additional 452,011 shares in the last quarter. Clarity Retirement & Wealth LLC acquired a new position in shares of Fidelity Blue Chip Growth ETF in the 4th quarter worth approximately $19,857,000. Finally, Cetera Investment Advisers grew its position in Fidelity Blue Chip Growth ETF by 26.4% during the 1st quarter. Cetera Investment Advisers now owns 1,431,942 shares of the company’s stock worth $71,769,000 after acquiring an additional 298,784 shares during the last quarter.

Fidelity Blue Chip Growth ETF Stock Down 0.4%

FBCG stock traded down $0.25 during midday trading on Wednesday, reaching $64.59. 576,967 shares of the company’s stock traded hands, compared to its average volume of 624,614. The company has a 50-day simple moving average of $62.29 and a two-hundred day simple moving average of $60.04. Fidelity Blue Chip Growth ETF has a 1-year low of $47.60 and a 1-year high of $65.17. The company has a market cap of $5.86 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32.

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.