151,092 Shares of Fidelity Blue Chip Growth ETF $FBCG Bought by Traynor Capital Management Inc.

Traynor Capital Management Inc. bought a new stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 151,092 shares of the company’s stock, valued at approximately $9,551,000. Traynor Capital Management Inc. owned 0.17% of Fidelity Blue Chip Growth ETF at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. KFA Private Wealth Group LLC acquired a new stake in shares of Fidelity Blue Chip Growth ETF during the 3rd quarter worth approximately $67,022,000. BG Investment Services LLC acquired a new position in Fidelity Blue Chip Growth ETF in the third quarter valued at approximately $29,725,000. Copper Harbor Investment Advisors LLC acquired a new position in Fidelity Blue Chip Growth ETF in the third quarter valued at approximately $19,625,000. Cetera Investment Advisers boosted its stake in Fidelity Blue Chip Growth ETF by 26.4% in the first quarter. Cetera Investment Advisers now owns 1,431,942 shares of the company’s stock valued at $71,769,000 after acquiring an additional 298,784 shares during the last quarter. Finally, KWB Wealth bought a new position in Fidelity Blue Chip Growth ETF in the third quarter valued at approximately $16,484,000.

Fidelity Blue Chip Growth ETF Stock Performance

FBCG opened at $58.40 on Monday. The company has a fifty day moving average price of $62.06 and a two-hundred day moving average price of $58.64. Fidelity Blue Chip Growth ETF has a 52 week low of $47.60 and a 52 week high of $65.17. The firm has a market capitalization of $5.30 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.