AE Wealth Management LLC Purchases 14,979 Shares of Fidelity Blue Chip Growth ETF $FBCG

AE Wealth Management LLC raised its holdings in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 91.0% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 31,434 shares of the company’s stock after acquiring an additional 14,979 shares during the quarter. AE Wealth Management LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $1,687,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in FBCG. Traynor Capital Management Inc. increased its position in shares of Fidelity Blue Chip Growth ETF by 63.5% during the third quarter. Traynor Capital Management Inc. now owns 39,708 shares of the company’s stock worth $2,131,000 after purchasing an additional 15,417 shares in the last quarter. Investment Advisory Group LLC boosted its stake in shares of Fidelity Blue Chip Growth ETF by 1.1% during the 3rd quarter. Investment Advisory Group LLC now owns 17,910 shares of the company’s stock worth $961,000 after acquiring an additional 188 shares in the last quarter. BG Investment Services Inc. lifted its holdings in Fidelity Blue Chip Growth ETF by 58.9% during the third quarter. BG Investment Services Inc. now owns 240,478 shares of the company’s stock valued at $12,904,000 after purchasing an additional 89,160 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its stake in Fidelity Blue Chip Growth ETF by 1.2% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 53,525 shares of the company’s stock worth $2,872,000 after purchasing an additional 650 shares during the last quarter. Finally, Sovran Advisors LLC raised its stake in Fidelity Blue Chip Growth ETF by 7.3% during the third quarter. Sovran Advisors LLC now owns 110,612 shares of the company’s stock worth $6,099,000 after purchasing an additional 7,568 shares during the period.

Fidelity Blue Chip Growth ETF Trading Up 19.6%

FBCG stock opened at $54.83 on Tuesday. Fidelity Blue Chip Growth ETF has a 12-month low of $33.57 and a 12-month high of $50.14. The business’s fifty day moving average price is $54.91 and its 200 day moving average price is $53.34. The company has a market capitalization of $4.98 billion, a PE ratio of 29.62 and a beta of 1.32.

Fidelity Blue Chip Growth ETF Company 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.