Stonebridge Financial Group LLC Invests $95,000 in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Stonebridge Financial Group LLC acquired a new stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,049 shares of the company’s stock, valued at approximately $95,000.

Other large investors have also bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in shares of Fidelity Blue Chip Growth ETF by 11.3% in the third quarter. JPMorgan Chase & Co. now owns 3,057,016 shares of the company’s stock valued at $130,749,000 after buying an additional 311,037 shares during the period. FMR LLC increased its position in Fidelity Blue Chip Growth ETF by 9.5% during the 3rd quarter. FMR LLC now owns 21,931 shares of the company’s stock valued at $938,000 after purchasing an additional 1,911 shares during the period. HighTower Advisors LLC increased its position in Fidelity Blue Chip Growth ETF by 2.6% during the 3rd quarter. HighTower Advisors LLC now owns 167,572 shares of the company’s stock valued at $7,167,000 after purchasing an additional 4,226 shares during the period. Stifel Financial Corp raised its holdings in Fidelity Blue Chip Growth ETF by 39.8% during the 3rd quarter. Stifel Financial Corp now owns 12,702 shares of the company’s stock worth $543,000 after purchasing an additional 3,618 shares during the last quarter. Finally, 17 Capital Partners LLC lifted its position in shares of Fidelity Blue Chip Growth ETF by 29.4% in the 3rd quarter. 17 Capital Partners LLC now owns 10,107 shares of the company’s stock worth $432,000 after purchasing an additional 2,295 shares during the period.

Fidelity Blue Chip Growth ETF Stock Performance

FBCG opened at $47.45 on Thursday. The firm has a market capitalization of $1.80 billion, a PE ratio of 35.50 and a beta of 1.47. The business’s fifty day moving average price is $47.43 and its two-hundred day moving average price is $44.32.

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.