McGlone Suttner Wealth Management Inc. Acquires Shares of 28,507 Fidelity Blue Chip Growth ETF (BATS:FBCG)

McGlone Suttner Wealth Management Inc. purchased a new stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) during the fourth quarter, Holdings Channel.com reports. The fund purchased 28,507 shares of the company’s stock, valued at approximately $1,319,000.

Other institutional investors have also recently made changes to their positions in the company. Renaissance Technologies LLC purchased a new position in Fidelity Blue Chip Growth ETF in the 2nd quarter valued at approximately $1,846,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Fidelity Blue Chip Growth ETF by 16.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 217,876 shares of the company’s stock valued at $9,247,000 after purchasing an additional 30,887 shares during the period. NewEdge Advisors LLC boosted its stake in Fidelity Blue Chip Growth ETF by 137.2% in the 2nd quarter. NewEdge Advisors LLC now owns 23,908 shares of the company’s stock worth $1,015,000 after purchasing an additional 13,828 shares during the period. Sunbelt Securities Inc. grew its holdings in Fidelity Blue Chip Growth ETF by 7.0% during the 2nd quarter. Sunbelt Securities Inc. now owns 30,495 shares of the company’s stock valued at $1,294,000 after buying an additional 2,004 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. increased its position in shares of Fidelity Blue Chip Growth ETF by 19.1% during the second quarter. B. Riley Wealth Advisors Inc. now owns 54,990 shares of the company’s stock valued at $2,334,000 after buying an additional 8,830 shares during the period.

Fidelity Blue Chip Growth ETF Stock Performance

Shares of Fidelity Blue Chip Growth ETF stock opened at $48.64 on Friday. The stock has a 50-day moving average price of $46.92 and a 200-day moving average price of $43.83. The stock has a market capitalization of $1.84 billion, a P/E ratio of 35.50 and a beta of 1.47.

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.