Mirae Asset Global Investments Co. Ltd. Purchases New Position in Fidelity Blue Chip Growth ETF $FBCG

Mirae Asset Global Investments Co. Ltd. acquired a new position in Fidelity Blue Chip Growth ETF (BATS:FBCG) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 30,565 shares of the company’s stock, valued at approximately $1,932,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Vise Technologies Inc. lifted its stake in Fidelity Blue Chip Growth ETF by 69.3% in the third quarter. Vise Technologies Inc. now owns 39,033 shares of the company’s stock valued at $2,467,000 after acquiring an additional 15,984 shares during the last quarter. Curtis Advisory Group LLC acquired a new position in shares of Fidelity Blue Chip Growth ETF during the 3rd quarter worth $2,497,000. LJI Wealth Management LLC acquired a new position in shares of Fidelity Blue Chip Growth ETF during the 3rd quarter worth $569,000. Raleigh Capital Management Inc. bought a new position in shares of Fidelity Blue Chip Growth ETF during the 3rd quarter valued at $80,000. Finally, International Assets Investment Management LLC bought a new position in shares of Fidelity Blue Chip Growth ETF during the 3rd quarter valued at $948,000.

Fidelity Blue Chip Growth ETF Trading Up 1.5%

FBCG stock opened at $55.99 on Friday. Fidelity Blue Chip Growth ETF has a 1 year low of $47.60 and a 1 year high of $65.17. The company has a fifty day simple moving average of $61.62 and a 200 day simple moving average of $58.69. The firm has a market cap of $7.05 billion, a PE ratio of 22.96 and a beta of 1.38.

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.