MN Wealth Advisors LLC Acquires 10,689 Shares of Fidelity Blue Chip Growth ETF $FBCG

by · The Cerbat Gem

MN Wealth Advisors LLC lifted its holdings in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG – Free Report) by 14.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 85,776 shares of the company’s stock after purchasing an additional 10,689 shares during the period. Fidelity Blue Chip Growth ETF accounts for 2.4% of MN Wealth Advisors LLC’s holdings, making the stock its 11th biggest holding. MN Wealth Advisors LLC owned about 0.09% of Fidelity Blue Chip Growth ETF worth $4,563,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Russell Investments Group Ltd. acquired a new position in Fidelity Blue Chip Growth ETF during the 1st quarter worth about $64,000. Trexquant Investment LP raised its position in shares of Fidelity Blue Chip Growth ETF by 59.1% during the first quarter. Trexquant Investment LP now owns 7,503 shares of the company’s stock worth $300,000 after acquiring an additional 2,788 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Fidelity Blue Chip Growth ETF during the first quarter worth about $21,034,000. Focus Partners Wealth lifted its stake in shares of Fidelity Blue Chip Growth ETF by 10.5% in the first quarter. Focus Partners Wealth now owns 522,210 shares of the company’s stock worth $20,873,000 after acquiring an additional 49,731 shares during the period. Finally, Schmidt P J Investment Management Inc. boosted its holdings in Fidelity Blue Chip Growth ETF by 19.8% in the first quarter. Schmidt P J Investment Management Inc. now owns 5,552 shares of the company’s stock valued at $222,000 after acquiring an additional 918 shares during the last quarter.

Fidelity Blue Chip Growth ETF Price Performance

Shares of FBCG stock opened at $54.92 on Friday. The stock has a market capitalization of $4.98 billion, a PE ratio of 29.62 and a beta of 1.32. The business’s 50 day simple moving average is $54.57 and its 200 day simple moving average is $52.20. Fidelity Blue Chip Growth ETF has a one year low of $33.57 and a one year high of $50.14.

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.

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