Clg LLC Buys 10,431 Shares of Fidelity Blue Chip Growth ETF $FBCG

Clg LLC raised its position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 5.5% in the first quarter, according to its most recent filing with the SEC. The firm owned 199,954 shares of the company’s stock after purchasing an additional 10,431 shares during the quarter. Fidelity Blue Chip Growth ETF makes up approximately 2.5% of Clg LLC’s investment portfolio, making the stock its 10th largest holding. Clg LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $10,022,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Arax Advisory Partners acquired a new position in shares of Fidelity Blue Chip Growth ETF in the 4th quarter worth approximately $35,000. NBC Securities Inc. acquired a new stake in shares of Fidelity Blue Chip Growth ETF during the fourth quarter worth $35,000. Meramec Financial Planners LLC acquired a new stake in shares of Fidelity Blue Chip Growth ETF during the first quarter worth $51,000. Royal Bank of Canada raised its stake in Fidelity Blue Chip Growth ETF by 104.0% during the fourth quarter. Royal Bank of Canada now owns 1,112 shares of the company’s stock worth $61,000 after buying an additional 567 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC bought a new position in Fidelity Blue Chip Growth ETF during the fourth quarter worth $62,000.

Fidelity Blue Chip Growth ETF Stock Down 2.1%

FBCG stock opened at $59.68 on Friday. The firm has a market cap of $5.42 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a 12-month low of $47.60 and a 12-month high of $64.32. The company’s fifty day simple moving average is $61.44 and its 200 day simple moving average is $56.87.

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.