Forbes Financial Planning Inc. Makes New Investment in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Forbes Financial Planning Inc. purchased a new position in Fidelity Blue Chip Growth ETF (BATS:FBCG) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 49,175 shares of the company’s stock, valued at approximately $2,275,000. Fidelity Blue Chip Growth ETF accounts for about 1.7% of Forbes Financial Planning Inc.’s investment portfolio, making the stock its 20th largest position. Forbes Financial Planning Inc. owned about 0.13% of Fidelity Blue Chip Growth ETF at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. JPMorgan Chase & Co. grew its position in shares of Fidelity Blue Chip Growth ETF by 11.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,057,016 shares of the company’s stock worth $130,749,000 after buying an additional 311,037 shares during the last quarter. FMR LLC grew its position in shares of Fidelity Blue Chip Growth ETF by 9.5% in the 3rd quarter. FMR LLC now owns 21,931 shares of the company’s stock worth $938,000 after buying an additional 1,911 shares during the last quarter. HighTower Advisors LLC grew its position in shares of Fidelity Blue Chip Growth ETF by 2.6% in the 3rd quarter. HighTower Advisors LLC now owns 167,572 shares of the company’s stock worth $7,167,000 after buying an additional 4,226 shares during the last quarter. Truist Financial Corp grew its position in shares of Fidelity Blue Chip Growth ETF by 6.9% in the 4th quarter. Truist Financial Corp now owns 7,658 shares of the company’s stock worth $354,000 after buying an additional 491 shares during the last quarter. Finally, Stifel Financial Corp grew its position in shares of Fidelity Blue Chip Growth ETF by 39.8% in the 3rd quarter. Stifel Financial Corp now owns 12,702 shares of the company’s stock worth $543,000 after buying an additional 3,618 shares during the last quarter.

Fidelity Blue Chip Growth ETF Stock Down 11.3 %

BATS FBCG opened at $40.65 on Wednesday. Fidelity Blue Chip Growth ETF has a twelve month low of $35.62 and a twelve month high of $48.84. The firm has a market capitalization of $3.59 billion, a PE ratio of 35.21 and a beta of 1.30. The stock’s 50 day moving average is $45.90 and its 200 day moving average is $45.02.

Fidelity Blue Chip Growth ETF Profile

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.