Dentgroup LLC Acquires 5,545 Shares of Fidelity Blue Chip Growth ETF (BATS:FBCG)

Dentgroup LLC grew its stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 29.0% during the 4th quarter, HoldingsChannel reports. The firm owned 24,694 shares of the company’s stock after acquiring an additional 5,545 shares during the quarter. Dentgroup LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $1,142,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Sachetta LLC raised its stake in Fidelity Blue Chip Growth ETF by 1.3% during the third quarter. Sachetta LLC now owns 26,554 shares of the company’s stock worth $1,136,000 after acquiring an additional 350 shares in the last quarter. LJI Wealth Management LLC lifted its holdings in 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 valued at $610,000 after purchasing an additional 361 shares during the last quarter. Avaii Wealth Management LLC lifted its holdings in Fidelity Blue Chip Growth ETF by 3.7% during the 3rd quarter. Avaii Wealth Management LLC now owns 14,603 shares of the company’s stock valued at $625,000 after purchasing an additional 521 shares during the last quarter. Atomi Financial Group Inc. grew its stake in Fidelity Blue Chip Growth ETF by 5.5% during the third quarter. Atomi Financial Group Inc. now owns 12,353 shares of the company’s stock worth $528,000 after buying an additional 641 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in Fidelity Blue Chip Growth ETF by 0.4% during the third quarter. Janney Montgomery Scott LLC now owns 168,108 shares of the company’s stock worth $7,190,000 after buying an additional 658 shares during the last quarter.

Fidelity Blue Chip Growth ETF Price Performance

Shares of BATS:FBCG traded up $0.28 during trading on Friday, reaching $46.54. The stock had a trading volume of 680,591 shares. The firm has a 50 day simple moving average of $46.18 and a 200-day simple moving average of $43.37. The company has a market cap of $1.76 billion, a PE ratio of 35.50 and a beta of 1.47.

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.