AssuredPartners Investment Advisors LLC Acquires New Position in Fidelity Blue Chip Growth ETF (BATS:FBCG)

AssuredPartners Investment Advisors LLC acquired a new stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 396,060 shares of the company’s stock, valued at approximately $18,322,000. Fidelity Blue Chip Growth ETF makes up approximately 3.6% of AssuredPartners Investment Advisors LLC’s investment portfolio, making the stock its biggest holding. AssuredPartners Investment Advisors LLC owned 1.05% of Fidelity Blue Chip Growth ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its holdings in shares of Fidelity Blue Chip Growth ETF by 172.7% in the 4th quarter. JPMorgan Chase & Co. now owns 8,335,146 shares of the company’s stock valued at $385,584,000 after purchasing an additional 5,278,130 shares in the last quarter. BG Investment Services Inc. purchased a new position in Fidelity Blue Chip Growth ETF in the fourth quarter valued at about $3,244,000. Florida Financial Advisors LLC lifted its position in shares of Fidelity Blue Chip Growth ETF by 18.1% during the 4th quarter. Florida Financial Advisors LLC now owns 13,492 shares of the company’s stock valued at $624,000 after acquiring an additional 2,066 shares during the period. PKS Advisory Services LLC acquired a new stake in shares of Fidelity Blue Chip Growth ETF in the 4th quarter worth approximately $5,047,000. Finally, LPL Financial LLC increased its stake in Fidelity Blue Chip Growth ETF by 31.7% in the 4th quarter. LPL Financial LLC now owns 15,804 shares of the company’s stock valued at $731,000 after purchasing an additional 3,803 shares in the last quarter.

Fidelity Blue Chip Growth ETF Stock Performance

Fidelity Blue Chip Growth ETF stock opened at $41.76 on Thursday. The firm has a market capitalization of $3.69 billion, a price-to-earnings ratio of 35.99 and a beta of 1.30. Fidelity Blue Chip Growth ETF has a fifty-two week low of $35.62 and a fifty-two week high of $48.84. The stock’s fifty day moving average is $45.35 and its two-hundred day moving average is $45.06.

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.