Silver Oak Securities Incorporated Makes New $211,000 Investment in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Silver Oak Securities Incorporated purchased a new stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCGFree Report) during the 4th quarter, HoldingsChannel reports. The fund purchased 4,503 shares of the company’s stock, valued at approximately $211,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in shares of Fidelity Blue Chip Growth ETF by 11.3% during the third quarter. JPMorgan Chase & Co. now owns 3,057,016 shares of the company’s stock worth $130,749,000 after purchasing an additional 311,037 shares during the period. Thrivent Financial for Lutherans raised its holdings in Fidelity Blue Chip Growth ETF by 173.4% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,872,861 shares of the company’s stock worth $80,102,000 after buying an additional 1,187,944 shares during the period. Commonwealth Equity Services LLC raised its holdings in Fidelity Blue Chip Growth ETF by 49.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,871,034 shares of the company’s stock worth $80,024,000 after buying an additional 621,992 shares during the period. KFA Private Wealth Group LLC lifted its stake in Fidelity Blue Chip Growth ETF by 14.9% during the fourth quarter. KFA Private Wealth Group LLC now owns 850,263 shares of the company’s stock valued at $39,333,000 after buying an additional 110,253 shares in the last quarter. Finally, Sowa Financial Group Inc. boosted its holdings in shares of Fidelity Blue Chip Growth ETF by 29.6% in the fourth quarter. Sowa Financial Group Inc. now owns 448,604 shares of the company’s stock worth $20,752,000 after buying an additional 102,517 shares during the period.

Fidelity Blue Chip Growth ETF Price Performance

FBCG stock opened at $47.40 on Monday. The firm has a market capitalization of $1.80 billion, a price-to-earnings ratio of 35.50 and a beta of 1.47. The company’s 50-day moving average price is $47.39 and its 200 day moving average price is $44.19.

Fidelity Blue Chip Growth ETF Company 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.

Further Reading

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)

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