KOM Wealth Management Group LLC Buys 20,758 Shares of Fidelity Blue Chip Growth ETF $FBCG

KOM Wealth Management Group LLC purchased a new stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 20,758 shares of the company’s stock, valued at approximately $1,312,000. Fidelity Blue Chip Growth ETF accounts for approximately 0.7% of KOM Wealth Management Group LLC’s investment portfolio, making the stock its 24th largest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Align Financial LLC purchased a new stake in Fidelity Blue Chip Growth ETF in the fourth quarter worth about $845,406,000. KFA Private Wealth Group LLC purchased a new position in shares of Fidelity Blue Chip Growth ETF during the 3rd quarter valued at about $67,022,000. Cetera Investment Advisers lifted its position in shares of Fidelity Blue Chip Growth ETF by 26.4% during the 1st quarter. Cetera Investment Advisers now owns 1,431,942 shares of the company’s stock valued at $71,769,000 after buying an additional 298,784 shares in the last quarter. MV Capital Management Inc. purchased a new position in shares of Fidelity Blue Chip Growth ETF during the 4th quarter valued at about $11,205,000. Finally, Keenan LLC purchased a new position in shares of Fidelity Blue Chip Growth ETF during the 4th quarter valued at about $11,133,000.

Fidelity Blue Chip Growth ETF Trading Up 0.0%

Shares of BATS:FBCG opened at $61.88 on Friday. The stock has a 50 day moving average of $62.51 and a 200 day moving average of $60.58. The company has a market cap of $5.62 billion, a PE ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a 12-month low of $47.60 and a 12-month high of $65.17.

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.