Northwest Capital Management Inc Takes $52,000 Position in Fidelity Blue Chip Growth ETF $FBCG

Northwest Capital Management Inc bought a new stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,068 shares of the company’s stock, valued at approximately $52,000.

A number of other institutional investors have also modified their holdings of the stock. Sachetta LLC increased its holdings in shares of Fidelity Blue Chip Growth ETF by 1.0% in the first quarter. Sachetta LLC now owns 26,961 shares of the company’s stock valued at $1,078,000 after purchasing an additional 255 shares during the period. Larson Financial Group LLC increased its holdings in shares of Fidelity Blue Chip Growth ETF by 4.2% in the first quarter. Larson Financial Group LLC now owns 7,365 shares of the company’s stock valued at $294,000 after purchasing an additional 300 shares during the period. Wealthcare Advisory Partners LLC increased its holdings in shares of Fidelity Blue Chip Growth ETF by 6.4% in the second quarter. Wealthcare Advisory Partners LLC now owns 7,504 shares of the company’s stock valued at $362,000 after purchasing an additional 450 shares during the period. Silver Oak Securities Incorporated increased its holdings in shares of Fidelity Blue Chip Growth ETF by 10.7% in the first quarter. Silver Oak Securities Incorporated now owns 4,987 shares of the company’s stock valued at $200,000 after purchasing an additional 484 shares during the period. Finally, 17 Capital Partners LLC increased its holdings in shares of Fidelity Blue Chip Growth ETF by 4.8% in the first quarter. 17 Capital Partners LLC now owns 11,546 shares of the company’s stock valued at $461,000 after purchasing an additional 526 shares during the period.

Fidelity Blue Chip Growth ETF Trading Up 16.6%

BATS:FBCG opened at $53.44 on Tuesday. The firm has a market cap of $4.85 billion, a P/E ratio of 29.62 and a beta of 1.32. The stock’s 50 day simple moving average is $52.24 and its 200-day simple moving average is $46.96. Fidelity Blue Chip Growth ETF has a 12-month low of $33.57 and a 12-month high of $50.14.

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.