Quotient Wealth Partners LLC Has $3.59 Million Position in Fidelity Blue Chip Growth ETF $FBCG

Quotient Wealth Partners LLC grew its position in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 24.9% in the first quarter, Holdings Channel.com reports. The fund owned 71,561 shares of the company’s stock after buying an additional 14,285 shares during the period. Quotient Wealth Partners LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $3,587,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FBCG. NBC Securities Inc. acquired a new stake in Fidelity Blue Chip Growth ETF during the fourth quarter valued at approximately $35,000. Arax Advisory Partners bought a new stake in Fidelity Blue Chip Growth ETF during the 4th quarter worth approximately $35,000. Royal Bank of Canada raised its position in Fidelity Blue Chip Growth ETF by 104.0% in the 4th quarter. Royal Bank of Canada now owns 1,112 shares of the company’s stock valued at $61,000 after purchasing an additional 567 shares during the last quarter. Steward Partners Investment Advisory LLC acquired a new position in Fidelity Blue Chip Growth ETF in the fourth quarter worth $62,000. Finally, Raleigh Capital Management Inc. acquired a new position in Fidelity Blue Chip Growth ETF during the 4th quarter worth about $70,000.

Fidelity Blue Chip Growth ETF Price Performance

FBCG opened at $62.72 on Friday. The company’s 50 day simple moving average is $60.07 and its 200-day simple moving average is $55.81. Fidelity Blue Chip Growth ETF has a one year low of $45.20 and a one year high of $64.32. The stock has a market capitalization of $5.69 billion, a P/E ratio of 29.62 and a beta of 1.32.

Fidelity Blue Chip Growth ETF 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.