16,126 Shares in Fidelity Blue Chip Growth ETF $FBCG Purchased by Sugar Maple Asset Management LLC

Sugar Maple Asset Management LLC acquired a new stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 16,126 shares of the company’s stock, valued at approximately $884,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in FBCG. Hantz Financial Services Inc. purchased a new position in shares of Fidelity Blue Chip Growth ETF in the 3rd quarter valued at approximately $26,000. Cornerstone Planning Group LLC purchased a new stake in Fidelity Blue Chip Growth ETF in the third quarter worth $27,000. First United Bank & Trust grew its stake in Fidelity Blue Chip Growth ETF by 838.0% in the third quarter. First United Bank & Trust now owns 2,345 shares of the company’s stock worth $126,000 after purchasing an additional 2,095 shares during the period. Qube Research & Technologies Ltd bought a new position in Fidelity Blue Chip Growth ETF in the third quarter worth $170,000. Finally, Raymond James Financial Inc. bought a new position in Fidelity Blue Chip Growth ETF in the second quarter worth $203,000.

Fidelity Blue Chip Growth ETF Stock Performance

Shares of FBCG stock opened at $50.97 on Friday. Fidelity Blue Chip Growth ETF has a 12 month low of $33.57 and a 12 month high of $56.50. The stock has a market cap of $4.63 billion, a PE ratio of 29.62 and a beta of 1.32. The company’s fifty day moving average price is $52.49 and its 200-day moving average price is $53.68.

About Fidelity Blue Chip Growth ETF

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.