Meridian Wealth Management LLC Acquires Shares of 28,316 Fidelity Blue Chip Growth ETF (BATS:FBCG)

Meridian Wealth Management LLC bought a new position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 28,316 shares of the company’s stock, valued at approximately $1,211,000. Meridian Wealth Management LLC owned 0.07% of Fidelity Blue Chip Growth ETF as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. IAG Wealth Partners LLC acquired a new position in Fidelity Blue Chip Growth ETF during the 2nd quarter valued at about $28,000. Larson Financial Group LLC purchased a new position in shares of Fidelity Blue Chip Growth ETF during the second quarter valued at approximately $30,000. Pathway Financial Advisers LLC grew its holdings in Fidelity Blue Chip Growth ETF by 530.2% during the third quarter. Pathway Financial Advisers LLC now owns 939 shares of the company’s stock worth $40,000 after buying an additional 790 shares in the last quarter. Armstrong Advisory Group Inc. purchased a new stake in Fidelity Blue Chip Growth ETF in the 3rd quarter valued at $70,000. Finally, Sequent Asset Management LLC bought a new position in Fidelity Blue Chip Growth ETF during the 2nd quarter valued at $144,000.

Fidelity Blue Chip Growth ETF Stock Up 0.0 %

FBCG opened at $45.39 on Friday. The stock has a market cap of $1.72 billion, a P/E ratio of 35.50 and a beta of 1.47. The business’s 50-day moving average price is $43.69 and its two-hundred day moving average price is $42.00.

About Fidelity Blue Chip Growth ETF

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.