Elm3 Financial Group LLC Takes Position in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Elm3 Financial Group LLC acquired a new position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 5,299 shares of the company’s stock, valued at approximately $245,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Wealth Effects LLC grew its stake in shares of Fidelity Blue Chip Growth ETF by 3.6% in the fourth quarter. Wealth Effects LLC now owns 9,011 shares of the company’s stock worth $417,000 after purchasing an additional 311 shares in the last quarter. Sachetta LLC increased its stake in Fidelity Blue Chip Growth ETF by 1.3% during the 3rd quarter. Sachetta LLC now owns 26,554 shares of the company’s stock valued at $1,136,000 after buying an additional 350 shares during the period. LJI Wealth Management LLC raised its position in shares of Fidelity Blue Chip Growth ETF by 2.6% during the 3rd quarter. LJI Wealth Management LLC now owns 14,270 shares of the company’s stock worth $610,000 after buying an additional 361 shares in the last quarter. Mutual Advisors LLC lifted its stake in shares of Fidelity Blue Chip Growth ETF by 1.1% in the 4th quarter. Mutual Advisors LLC now owns 44,725 shares of the company’s stock worth $2,087,000 after acquiring an additional 490 shares during the period. Finally, Avaii Wealth Management LLC boosted its holdings in shares of Fidelity Blue Chip Growth ETF by 3.7% in the third quarter. Avaii Wealth Management LLC now owns 14,603 shares of the company’s stock valued at $625,000 after acquiring an additional 521 shares in the last quarter.

Fidelity Blue Chip Growth ETF Stock Up 3.9 %

BATS FBCG opened at $47.64 on Thursday. The firm has a market capitalization of $1.81 billion, a price-to-earnings ratio of 35.50 and a beta of 1.47. The company’s 50 day moving average is $47.32 and its 200 day moving average is $44.12.

Fidelity Blue Chip Growth ETF 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.