Investment Advisory Group LLC Has $860,000 Stock Position in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Investment Advisory Group LLC lifted its position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 44.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,597 shares of the company’s stock after purchasing an additional 5,701 shares during the quarter. Investment Advisory Group LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $860,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of FBCG. Sowa Financial Group Inc. increased its stake in 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 valued at $20,752,000 after acquiring an additional 102,517 shares during the period. Mitchell Mcleod Pugh & Williams Inc. boosted its holdings in Fidelity Blue Chip Growth ETF by 43.5% during the fourth quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 67,176 shares of the company’s stock valued at $3,108,000 after purchasing an additional 20,353 shares in the last quarter. Arkadios Wealth Advisors bought a new stake in shares of Fidelity Blue Chip Growth ETF in the 4th quarter valued at approximately $216,000. Sax Wealth Advisors LLC bought a new stake in shares of Fidelity Blue Chip Growth ETF in the 4th quarter valued at approximately $2,076,000. Finally, Wealthcare Advisory Partners LLC acquired a new position in shares of Fidelity Blue Chip Growth ETF in the 4th quarter worth approximately $301,000.

Fidelity Blue Chip Growth ETF Trading Up 3.8 %

Shares of FBCG stock opened at $47.61 on Wednesday. The company has a 50 day moving average of $46.81 and a two-hundred day moving average of $43.77. The firm has a market cap of $1.80 billion, a price-to-earnings ratio of 35.50 and a beta of 1.47.

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.