CHURCHILL MANAGEMENT Corp Invests $1.62 Million in Fidelity Blue Chip Growth ETF (BATS:FBCG)

CHURCHILL MANAGEMENT Corp acquired a new stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 35,101 shares of the company’s stock, valued at approximately $1,624,000. CHURCHILL MANAGEMENT Corp owned approximately 0.09% of Fidelity Blue Chip Growth ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. grew its stake in Fidelity Blue Chip Growth ETF by 107.0% in the second quarter. Envestnet Asset Management Inc. now owns 623,186 shares of the company’s stock valued at $26,448,000 after purchasing an additional 322,190 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Fidelity Blue Chip Growth ETF in the 2nd quarter valued at approximately $1,846,000. LJI Wealth Management LLC grew its stake in shares of Fidelity Blue Chip Growth ETF by 6.9% in the second quarter. LJI Wealth Management LLC now owns 13,909 shares of the company’s stock valued at $590,000 after buying an additional 895 shares in the last quarter. WCG Wealth Advisors LLC increased its holdings in Fidelity Blue Chip Growth ETF by 3.7% during the second quarter. WCG Wealth Advisors LLC now owns 44,556 shares of the company’s stock worth $1,891,000 after buying an additional 1,606 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its position in Fidelity Blue Chip Growth ETF by 16.9% during the second quarter. Thrivent Financial for Lutherans now owns 684,917 shares of the company’s stock worth $29,068,000 after acquiring an additional 98,955 shares in the last quarter.

Fidelity Blue Chip Growth ETF Trading Up 1.8 %

Shares of FBCG opened at $46.68 on Friday. The company has a market cap of $1.77 billion, a P/E ratio of 35.50 and a beta of 1.47. The company has a 50 day moving average price of $46.71 and a 200-day moving average price of $43.65.

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.