Hobart Private Capital LLC grew its holdings in Fidelity Blue Chip Growth ETF (BATS:FBCG – Free Report) by 110.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,971 shares of the company’s stock after buying an additional 8,385 shares during the period. Hobart Private Capital LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $739,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also modified their holdings of the company. Pathway Financial Advisers LLC raised its holdings in Fidelity Blue Chip Growth ETF by 530.2% in the 3rd quarter. Pathway Financial Advisers LLC now owns 939 shares of the company’s stock valued at $40,000 after acquiring an additional 790 shares during the last quarter. Armstrong Advisory Group Inc. purchased a new stake in shares of Fidelity Blue Chip Growth ETF in the third quarter valued at approximately $70,000. Synergy Asset Management LLC acquired a new stake in shares of Fidelity Blue Chip Growth ETF in the fourth quarter valued at approximately $73,000. Silver Oak Securities Incorporated purchased a new position in Fidelity Blue Chip Growth ETF during the fourth quarter worth approximately $211,000. Finally, Schmidt P J Investment Management Inc. acquired a new position in Fidelity Blue Chip Growth ETF during the fourth quarter worth $214,000.
Fidelity Blue Chip Growth ETF Stock Up 3.4 %
Shares of FBCG opened at $47.40 on Friday. The business has a 50-day moving average of $47.39 and a two-hundred day moving average of $44.18. The firm has a market cap of $1.80 billion, a P/E 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.
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