KWB Wealth Makes New Investment in Fidelity Blue Chip Growth ETF $FBCG

KWB Wealth bought a new position in Fidelity Blue Chip Growth ETF (BATS:FBCG) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 260,788 shares of the company’s stock, valued at approximately $16,484,000. Fidelity Blue Chip Growth ETF accounts for approximately 1.4% of KWB Wealth’s holdings, making the stock its 14th biggest position. KWB Wealth owned about 0.29% of Fidelity Blue Chip Growth ETF as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Montgomery Financial Services LLC acquired a new position in Fidelity Blue Chip Growth ETF in the second quarter valued at $38,000. Investors Research Corp purchased a new position in shares of Fidelity Blue Chip Growth ETF in the 2nd quarter worth about $38,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Fidelity Blue Chip Growth ETF by 265.0% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 730 shares of the company’s stock worth $45,000 after purchasing an additional 530 shares during the period. Meramec Financial Planners LLC purchased a new position in shares of Fidelity Blue Chip Growth ETF in the 1st quarter worth about $51,000. Finally, Armstrong Advisory Group Inc. purchased a new position in shares of Fidelity Blue Chip Growth ETF in the 3rd quarter worth about $102,000.

Fidelity Blue Chip Growth ETF Stock Down 2.5%

Shares of BATS FBCG traded down $1.53 during midday trading on Friday, hitting $60.35. The stock had a trading volume of 978,357 shares, compared to its average volume of 629,201. The company has a market capitalization of $5.48 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a 1-year low of $47.60 and a 1-year high of $65.17. The company has a fifty day moving average price of $62.46 and a 200 day moving average price of $60.58.

Fidelity Blue Chip Growth ETF Company 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.