BG Investment Services Inc. Buys Shares of 70,135 Fidelity Blue Chip Growth ETF (BATS:FBCG)

BG Investment Services Inc. purchased a new position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 70,135 shares of the company’s stock, valued at approximately $3,244,000. Fidelity Blue Chip Growth ETF makes up about 3.3% of BG Investment Services Inc.’s investment portfolio, making the stock its 10th biggest holding. BG Investment Services Inc. owned 0.19% of Fidelity Blue Chip Growth ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Proficio Capital Partners LLC lifted its holdings in Fidelity Blue Chip Growth ETF by 3.8% during the fourth quarter. Proficio Capital Partners LLC now owns 6,842 shares of the company’s stock worth $317,000 after acquiring an additional 253 shares in the last quarter. Pathway Financial Advisers LLC lifted its holdings in shares of Fidelity Blue Chip Growth ETF by 29.0% during the 4th quarter. Pathway Financial Advisers LLC now owns 1,211 shares of the company’s stock valued at $56,000 after purchasing an additional 272 shares in the last quarter. Wealth Effects LLC grew its position in shares of Fidelity Blue Chip Growth ETF by 3.6% in the 4th quarter. Wealth Effects LLC now owns 9,011 shares of the company’s stock valued at $417,000 after purchasing an additional 311 shares during the period. Adell Harriman & Carpenter Inc. grew its position in shares of Fidelity Blue Chip Growth ETF by 1.0% in the 4th quarter. Adell Harriman & Carpenter Inc. now owns 33,621 shares of the company’s stock valued at $1,555,000 after purchasing an additional 338 shares during the period. Finally, Mutual Advisors LLC increased its stake in Fidelity Blue Chip Growth ETF by 1.1% during the 4th quarter. Mutual Advisors LLC now owns 44,725 shares of the company’s stock worth $2,087,000 after purchasing an additional 490 shares in the last quarter.

Fidelity Blue Chip Growth ETF Stock Performance

Shares of FBCG opened at $42.95 on Wednesday. The firm has a market cap of $3.79 billion, a P/E ratio of 35.99 and a beta of 1.30. Fidelity Blue Chip Growth ETF has a twelve month low of $35.62 and a twelve month high of $48.84. The firm’s 50 day moving average price is $45.43 and its two-hundred day moving average price is $45.09.

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.