Forbes Financial Planning Inc. Invests $3.92 Million in Fidelity Blue Chip Growth ETF $FBCG

Forbes Financial Planning Inc. bought a new position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 81,200 shares of the company’s stock, valued at approximately $3,917,000. Fidelity Blue Chip Growth ETF accounts for approximately 2.6% of Forbes Financial Planning Inc.’s portfolio, making the stock its 16th largest holding. Forbes Financial Planning Inc. owned about 0.09% of Fidelity Blue Chip Growth ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of FBCG. Creative Financial Designs Inc. ADV boosted its position in Fidelity Blue Chip Growth ETF by 221.7% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 756 shares of the company’s stock worth $36,000 after purchasing an additional 521 shares in the last quarter. Northwest Capital Management Inc acquired a new position in shares of Fidelity Blue Chip Growth ETF in the 2nd quarter valued at $52,000. Russell Investments Group Ltd. purchased a new stake in Fidelity Blue Chip Growth ETF during the first quarter worth $64,000. Dagco Inc. purchased a new stake in Fidelity Blue Chip Growth ETF during the first quarter worth $75,000. Finally, Harbor Asset Planning Inc. acquired a new stake in Fidelity Blue Chip Growth ETF during the second quarter valued at $132,000.

Fidelity Blue Chip Growth ETF Stock Performance

FBCG opened at $53.99 on Friday. The company has a fifty day moving average of $53.42 and a two-hundred day moving average of $49.03. The stock has a market capitalization of $4.90 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a fifty-two week low of $33.57 and a fifty-two week high of $50.14.

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.