Fidelity Blue Chip Growth ETF $FBCG Shares Bought by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. boosted its holdings in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG – Free Report) by 375.0% during the 3rd quarter, Holdings Channel reports. The fund owned 428,557 shares of the company’s stock after buying an additional 338,341 shares during the period. Fidelity Blue Chip Growth ETF comprises about 1.7% of Summit Wealth Group LLC Co.’s portfolio, making the stock its 8th largest position. Summit Wealth Group LLC Co.’s holdings in Fidelity Blue Chip Growth ETF were worth $27,089,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Certified Advisory Corp bought a new stake in shares of Fidelity Blue Chip Growth ETF in the 3rd quarter valued at about $5,281,000. Capital CS Group LLC purchased a new stake in shares of Fidelity Blue Chip Growth ETF in the 3rd quarter worth approximately $214,000. Traynor Capital Management Inc. bought a new position in shares of Fidelity Blue Chip Growth ETF during the third quarter valued at approximately $9,551,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Fidelity Blue Chip Growth ETF during the third quarter valued at approximately $1,932,000. Finally, Vise Technologies Inc. boosted its stake in shares of Fidelity Blue Chip Growth ETF by 69.3% during the third quarter. Vise Technologies Inc. now owns 39,033 shares of the company’s stock valued at $2,467,000 after purchasing an additional 15,984 shares in the last quarter.

Fidelity Blue Chip Growth ETF Stock Down 1.4%

Shares of FBCG stock opened at $57.56 on Tuesday. The firm has a market cap of $5.22 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32. The company’s 50 day moving average is $61.98 and its 200 day moving average is $58.65. Fidelity Blue Chip Growth ETF has a 52-week low of $47.60 and a 52-week high of $65.17.

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

• Five stocks we like better than Fidelity Blue Chip Growth ETF
• AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
• GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
• Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
• Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid

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:FBCG – Free Report).