Cwm LLC Has $4.32 Million Stake in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Cwm LLC grew its position in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 143.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 101,827 shares of the company’s stock after buying an additional 59,988 shares during the quarter. Cwm LLC owned 0.27% of Fidelity Blue Chip Growth ETF worth $4,322,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in FBCG. Dentgroup LLC purchased a new stake in shares of Fidelity Blue Chip Growth ETF in the second quarter worth about $802,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Fidelity Blue Chip Growth ETF in the 2nd quarter worth about $192,000. Cetera Advisors LLC raised its position in Fidelity Blue Chip Growth ETF by 630.8% in the 1st quarter. Cetera Advisors LLC now owns 127,173 shares of the company’s stock worth $4,892,000 after buying an additional 109,770 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Fidelity Blue Chip Growth ETF by 216.0% during the 1st quarter. Cetera Investment Advisers now owns 237,193 shares of the company’s stock valued at $9,125,000 after purchasing an additional 162,130 shares during the last quarter. Finally, Kestra Advisory Services LLC increased its position in shares of Fidelity Blue Chip Growth ETF by 6.2% during the 1st quarter. Kestra Advisory Services LLC now owns 507,779 shares of the company’s stock valued at $19,534,000 after purchasing an additional 29,476 shares during the last quarter.

Fidelity Blue Chip Growth ETF Trading Down 1.4 %

FBCG traded down $0.54 during trading on Wednesday, reaching $37.50. 645,311 shares of the company traded hands. The stock has a market capitalization of $1.42 billion, a P/E ratio of 35.50 and a beta of 1.47. The business’s 50-day simple moving average is $41.69 and its two-hundred day simple moving average is $39.01.

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.