Fidelity Blue Chip Growth ETF $FBCG Shares Bought by KFA Private Wealth Group LLC

KFA Private Wealth Group LLC lifted its position in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 7.5% in the first quarter, Holdings Channel.com reports. The institutional investor owned 1,050,372 shares of the company’s stock after buying an additional 73,146 shares during the period. Fidelity Blue Chip Growth ETF makes up about 12.6% of KFA Private Wealth Group LLC’s portfolio, making the stock its 2nd largest position. KFA Private Wealth Group LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $52,645,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. RFG Advisory LLC lifted its holdings in Fidelity Blue Chip Growth ETF by 24.3% during the first quarter. RFG Advisory LLC now owns 663,672 shares of the company’s stock worth $33,263,000 after acquiring an additional 129,601 shares in the last quarter. Certified Advisory Corp grew its stake in Fidelity Blue Chip Growth ETF by 21.6% in the first quarter. Certified Advisory Corp now owns 48,463 shares of the company’s stock valued at $2,429,000 after acquiring an additional 8,618 shares during the period. Worth Asset Management LLC bought a new stake in shares of Fidelity Blue Chip Growth ETF in the first quarter worth about $1,492,000. Stonebridge Financial Group LLC MO increased its holdings in shares of Fidelity Blue Chip Growth ETF by 7.1% in the first quarter. Stonebridge Financial Group LLC MO now owns 42,193 shares of the company’s stock worth $2,115,000 after acquiring an additional 2,815 shares in the last quarter. Finally, Quotient Wealth Partners LLC raised its position in shares of Fidelity Blue Chip Growth ETF by 24.9% during the first quarter. Quotient Wealth Partners LLC now owns 71,561 shares of the company’s stock worth $3,587,000 after purchasing an additional 14,285 shares during the period.

Fidelity Blue Chip Growth ETF Price Performance

BATS FBCG opened at $60.42 on Thursday. Fidelity Blue Chip Growth ETF has a one year low of $46.91 and a one year high of $64.32. The firm has a market cap of $5.48 billion, a P/E ratio of 29.62 and a beta of 1.32. The stock’s 50-day moving average is $60.48 and its 200-day moving average is $55.95.

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.