Wealth Quarterback LLC Has $6.20 Million Position in Fidelity Blue Chip Growth ETF $FBCG

Wealth Quarterback LLC raised its stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 87.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 113,067 shares of the company’s stock after acquiring an additional 52,903 shares during the quarter. Fidelity Blue Chip Growth ETF comprises 2.2% of Wealth Quarterback LLC’s portfolio, making the stock its 8th biggest holding. Wealth Quarterback LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $6,201,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Dynasty Wealth Management LLC boosted its position in Fidelity Blue Chip Growth ETF by 27.3% during the third quarter. Dynasty Wealth Management LLC now owns 7,011,069 shares of the company’s stock worth $376,214,000 after purchasing an additional 1,503,658 shares during the period. B. Riley Wealth Advisors Inc. bought a new position in shares of Fidelity Blue Chip Growth ETF in the second quarter valued at approximately $2,551,000. Fifth Third Securities Inc. raised its position in shares of Fidelity Blue Chip Growth ETF by 374.9% in the third quarter. Fifth Third Securities Inc. now owns 64,801 shares of the company’s stock valued at $3,477,000 after purchasing an additional 51,155 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of Fidelity Blue Chip Growth ETF in the third quarter worth $4,998,000. Finally, D.A. Davidson & CO. acquired a new stake in shares of Fidelity Blue Chip Growth ETF in the third quarter worth $935,000.

Fidelity Blue Chip Growth ETF Trading Down 1.3%

BATS:FBCG opened at $47.82 on Tuesday. The firm has a market capitalization of $4.34 billion, a PE ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a 1 year low of $33.57 and a 1 year high of $56.50. The firm’s fifty day simple moving average is $52.77 and its 200 day simple moving average is $53.75.

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.