Wealth Effects LLC Grows Position in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Wealth Effects LLC increased its position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 11.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,061 shares of the company’s stock after purchasing an additional 1,050 shares during the period. Wealth Effects LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $402,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in FBCG. Truist Financial Corp boosted its position in 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 valued at $354,000 after buying an additional 491 shares during the period. Bank of New York Mellon Corp purchased a new stake in Fidelity Blue Chip Growth ETF in the 4th quarter valued at about $246,000. Proficio Capital Partners LLC boosted its position in Fidelity Blue Chip Growth ETF by 4,703.7% in the 4th quarter. Proficio Capital Partners LLC now owns 316,515 shares of the company’s stock valued at $14,642,000 after buying an additional 309,926 shares during the period. Fort Sheridan Advisors LLC purchased a new stake in Fidelity Blue Chip Growth ETF in the 4th quarter valued at about $237,000. Finally, Dynasty Wealth Management LLC purchased a new stake in Fidelity Blue Chip Growth ETF in the 4th quarter valued at about $258,132,000.

Fidelity Blue Chip Growth ETF Price Performance

Fidelity Blue Chip Growth ETF stock opened at $47.02 on Thursday. The stock has a market cap of $4.26 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a 1 year low of $33.57 and a 1 year high of $48.84. The firm has a 50-day moving average of $43.42 and a two-hundred day moving average of $44.24.

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.