21,272 Shares in Fidelity Blue Chip Growth ETF $FBCG Purchased by Avaii Wealth Management LLC

Avaii Wealth Management LLC acquired a new position in Fidelity Blue Chip Growth ETF (BATS:FBCG) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 21,272 shares of the company’s stock, valued at approximately $1,361,000.

Other institutional investors also recently bought and sold shares of the company. Align Financial LLC purchased a new stake in Fidelity Blue Chip Growth ETF during the fourth quarter valued at approximately $845,406,000. JPMorgan Chase & Co. lifted its holdings in shares of Fidelity Blue Chip Growth ETF by 4.9% during the 4th quarter. JPMorgan Chase & Co. now owns 9,760,021 shares of the company’s stock valued at $535,240,000 after purchasing an additional 452,011 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Fidelity Blue Chip Growth ETF by 7.0% during 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 boosted its position in shares of 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 worth $71,769,000 after purchasing an additional 298,784 shares in the last quarter. Finally, MML Investors Services LLC boosted its position in shares of 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 worth $64,697,000 after purchasing an additional 54,074 shares in the last quarter.

Fidelity Blue Chip Growth ETF Stock Performance

FBCG stock traded up $0.42 on Friday, hitting $63.97. 771,404 shares of the company’s stock were exchanged, compared to its average volume of 628,501. The firm has a 50 day moving average price of $62.47 and a two-hundred day moving average price of $60.16. Fidelity Blue Chip Growth ETF has a 12-month low of $47.60 and a 12-month high of $65.17. The stock has a market cap of $5.81 billion, a P/E 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.