Cedar Mountain Advisors LLC Purchases Shares of 8,832 Fidelity Blue Chip Growth ETF $FBCG

Cedar Mountain Advisors LLC acquired a new position in Fidelity Blue Chip Growth ETF (BATS:FBCGFree Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 8,832 shares of the company’s stock, valued at approximately $549,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Marshall Wace LLP acquired a new position in shares of Fidelity Blue Chip Growth ETF in the 2nd quarter valued at $1,040,000. Raymond James Financial Inc. acquired a new stake in Fidelity Blue Chip Growth ETF during the second quarter valued at $203,000. Ausdal Financial Partners Inc. increased its holdings in Fidelity Blue Chip Growth ETF by 23.3% in the second quarter. Ausdal Financial Partners Inc. now owns 6,195 shares of the company’s stock valued at $299,000 after buying an additional 1,172 shares in the last quarter. Florida Financial Advisors LLC increased its holdings in Fidelity Blue Chip Growth ETF by 29.6% in the second quarter. Florida Financial Advisors LLC now owns 10,001 shares of the company’s stock valued at $482,000 after buying an additional 2,285 shares in the last quarter. Finally, CLG LLC raised its position in shares of Fidelity Blue Chip Growth ETF by 55.4% in the second quarter. CLG LLC now owns 90,057 shares of the company’s stock worth $4,344,000 after acquiring an additional 32,089 shares during the period.

Fidelity Blue Chip Growth ETF Stock Up 2.2%

FBCG stock opened at $61.10 on Tuesday. The company’s 50-day simple moving average is $61.20 and its 200-day simple moving average is $57.05. Fidelity Blue Chip Growth ETF has a 52-week low of $47.60 and a 52-week high of $64.32. The firm has a market cap of $5.54 billion, a P/E ratio of 29.62 and a beta of 1.32.

Fidelity Blue Chip Growth ETF Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding FBCG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Blue Chip Growth ETF (BATS:FBCGFree Report).

Institutional Ownership by Quarter for Fidelity Blue Chip Growth ETF (BATS:FBCG)

Receive News & Ratings for Fidelity Blue Chip Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Blue Chip Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.