580,355 Shares in Fidelity Blue Chip Growth ETF $FBCG Acquired by Storgate LLC

Storgate LLC bought a new position in Fidelity Blue Chip Growth ETF (BATS:FBCG) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 580,355 shares of the company’s stock, valued at approximately $31,827,000. Fidelity Blue Chip Growth ETF comprises approximately 26.2% of Storgate LLC’s investment portfolio, making the stock its biggest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Wells Fargo & Company MN boosted its holdings in Fidelity Blue Chip Growth ETF by 20.2% in the fourth quarter. Wells Fargo & Company MN now owns 818,581 shares of the company’s stock worth $44,891,000 after purchasing an additional 137,420 shares during the last quarter. Elevation Wealth Management LLC purchased a new position in shares of Fidelity Blue Chip Growth ETF during the 4th quarter worth $548,000. Daybright Advisory Services Inc. purchased a new position in shares of Fidelity Blue Chip Growth ETF during the 4th quarter worth $16,907,000. Wagner Wealth Management Corp purchased a new position in shares of Fidelity Blue Chip Growth ETF during the 4th quarter worth $1,556,000. Finally, Steward Partners Investment Advisory LLC purchased a new position in shares of Fidelity Blue Chip Growth ETF during the 4th quarter worth $62,000.

Fidelity Blue Chip Growth ETF Price Performance

Shares of Fidelity Blue Chip Growth ETF stock opened at $61.04 on Friday. The company’s fifty day simple moving average is $58.99 and its 200-day simple moving average is $55.53. The stock has a market capitalization of $5.54 billion, a PE ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a 1-year low of $45.20 and a 1-year high of $64.32.

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.