Essex Financial Services Inc. boosted its position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG – Free Report) by 24.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 78,605 shares of the company’s stock after purchasing an additional 15,656 shares during the period. Essex Financial Services Inc. owned 0.21% of Fidelity Blue Chip Growth ETF worth $3,636,000 at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of the company. Pathway Financial Advisers LLC grew its stake in shares of Fidelity Blue Chip Growth ETF by 530.2% in the 3rd quarter. Pathway Financial Advisers LLC now owns 939 shares of the company’s stock valued at $40,000 after buying an additional 790 shares in the last quarter. Armstrong Advisory Group Inc. bought a new stake in Fidelity Blue Chip Growth ETF in the third quarter worth approximately $70,000. Synergy Asset Management LLC acquired a new position in shares of Fidelity Blue Chip Growth ETF during the 4th quarter worth $73,000. Silver Oak Securities Incorporated bought a new position in shares of Fidelity Blue Chip Growth ETF during the 4th quarter valued at $211,000. Finally, Inspirion Wealth Advisors LLC acquired a new stake in shares of Fidelity Blue Chip Growth ETF in the 4th quarter valued at $216,000.
Fidelity Blue Chip Growth ETF Price Performance
Shares of BATS:FBCG opened at $47.77 on Tuesday. The stock has a 50-day simple moving average of $47.39 and a two-hundred day simple moving average of $44.22. The company has a market capitalization of $1.81 billion, a PE ratio of 35.50 and a beta of 1.47.
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.
Further Reading
- Five stocks we like better than Fidelity Blue Chip Growth ETF
- 3 Stocks to Consider Buying in October
- Merck: 4 No-Brainer Reasons to Buy This Dip
- Upcoming IPO Stock Lockup Period, Explained
- Ackman Announces Major Stake in Uber: Should You Follow His Lead?
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- Wells Fargo Upgraded These 3 Stocks—Here’s Why They Stand Out
Want to see what other hedge funds are holding FBCG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Blue Chip Growth ETF (BATS:FBCG – Free Report).
Receive News & Ratings for Fidelity Blue Chip Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Blue Chip Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.