1,060,308 Shares of Fidelity Blue Chip Growth ETF $FBCG Purchased by KFA Private Wealth Group LLC

KFA Private Wealth Group LLC acquired a new position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 1,060,308 shares of the company’s stock, valued at approximately $67,022,000. Fidelity Blue Chip Growth ETF makes up 16.0% of KFA Private Wealth Group LLC’s holdings, making the stock its 2nd largest position. KFA Private Wealth Group LLC owned 1.17% of Fidelity Blue Chip Growth ETF at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in FBCG. Align Financial LLC purchased a new position in shares of Fidelity Blue Chip Growth ETF in the fourth quarter valued at approximately $845,406,000. JPMorgan Chase & Co. increased its position in shares of Fidelity Blue Chip Growth ETF by 4.9% during the fourth quarter. JPMorgan Chase & Co. now owns 9,760,021 shares of the company’s stock worth $535,240,000 after purchasing an additional 452,011 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Fidelity Blue Chip Growth ETF by 7.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,859,109 shares of the company’s stock valued at $177,579,000 after purchasing an additional 187,169 shares during the last quarter. Cetera Investment Advisers raised its stake in Fidelity Blue Chip Growth ETF by 26.4% in the 1st quarter. Cetera Investment Advisers now owns 1,431,942 shares of the company’s stock valued at $71,769,000 after purchasing an additional 298,784 shares during the last quarter. Finally, MML Investors Services LLC lifted its holdings in Fidelity Blue Chip Growth ETF by 4.8% in the 4th quarter. MML Investors Services LLC now owns 1,179,739 shares of the company’s stock valued at $64,697,000 after purchasing an additional 54,074 shares in the last quarter.

Fidelity Blue Chip Growth ETF Trading Down 0.4%

FBCG stock traded down $0.25 during midday trading on Wednesday, reaching $64.59. The stock had a trading volume of 576,967 shares, compared to its average volume of 624,614. Fidelity Blue Chip Growth ETF has a 52-week low of $47.60 and a 52-week high of $65.17. The company’s fifty day simple moving average is $62.29 and its 200 day simple moving average is $60.04. 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 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.