21,113 Shares of Fidelity Blue Chip Growth ETF $FBCG Purchased by Cabot Wealth Management Inc.

Cabot Wealth Management Inc. purchased a new stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) during the third quarter, HoldingsChannel.com reports. The firm purchased 21,113 shares of the company’s stock, valued at approximately $1,335,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC bought a new stake in Fidelity Blue Chip Growth ETF during the third quarter worth about $171,506,000. KFA Private Wealth Group LLC bought a new position in shares of Fidelity Blue Chip Growth ETF in the third quarter valued at approximately $67,022,000. BG Investment Services LLC bought a new position in shares of Fidelity Blue Chip Growth ETF in the third quarter valued at approximately $29,725,000. Kestra Advisory Services LLC bought a new position in shares of Fidelity Blue Chip Growth ETF in the third quarter valued at approximately $27,729,000. Finally, Vestor Capital LLC raised its stake in shares of Fidelity Blue Chip Growth ETF by 15,580.1% in the third quarter. Vestor Capital LLC now owns 364,093 shares of the company’s stock valued at $23,014,000 after acquiring an additional 361,771 shares during the last quarter.

Fidelity Blue Chip Growth ETF Price Performance

Shares of FBCG opened at $58.23 on Thursday. The company has a market capitalization of $7.33 billion, a P/E ratio of 22.96 and a beta of 1.38. Fidelity Blue Chip Growth ETF has a one year low of $47.60 and a one year high of $65.17. The business’s 50 day simple moving average is $61.39 and its 200-day simple moving average is $58.74.

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.