Fidelity Blue Chip Growth ETF (BATS:FBCG) Shares Acquired by KFA Private Wealth Group LLC

KFA Private Wealth Group LLC raised its stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 66.7% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 740,010 shares of the company’s stock after purchasing an additional 296,050 shares during the period. Fidelity Blue Chip Growth ETF makes up approximately 15.1% of KFA Private Wealth Group LLC’s portfolio, making the stock its 2nd biggest holding. KFA Private Wealth Group LLC owned about 1.95% of Fidelity Blue Chip Growth ETF worth $31,650,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in FBCG. Traynor Capital Management Inc. boosted its stake in Fidelity Blue Chip Growth ETF by 9.3% during the 1st quarter. Traynor Capital Management Inc. now owns 89,355 shares of the company’s stock valued at $3,437,000 after purchasing an additional 7,590 shares during the last quarter. Harbor Investment Advisory LLC lifted its position in shares of Fidelity Blue Chip Growth ETF by 11.4% during the 1st quarter. Harbor Investment Advisory LLC now owns 6,850 shares of the company’s stock worth $264,000 after buying an additional 700 shares in the last quarter. Keystone Wealth Services LLC bought a new position in shares of Fidelity Blue Chip Growth ETF during the 1st quarter worth approximately $2,326,000. Sunbelt Securities Inc. lifted its position in shares of Fidelity Blue Chip Growth ETF by 19.0% during the 1st quarter. Sunbelt Securities Inc. now owns 28,491 shares of the company’s stock worth $1,096,000 after buying an additional 4,554 shares in the last quarter. Finally, SMI Advisory Services LLC bought a new position in shares of Fidelity Blue Chip Growth ETF during the 1st quarter worth approximately $1,344,000.

Fidelity Blue Chip Growth ETF Stock Performance

Fidelity Blue Chip Growth ETF stock opened at $43.99 on Friday. The business’s 50 day moving average price is $41.85 and its 200 day moving average price is $40.76. The company has a market cap of $1.67 billion, a PE ratio of 35.50 and a beta of 1.47.

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.